Automotive News, Media & Press - Chrysler sale blocked
wabmorgan
06-07-2009, 08:11 PM
http://news.yahoo.com/s/ap/20090607/ap_on_go_su_co/us_supreme_court_chrysler
Lol @"You can't wait for a better deal to come in from Studebaker," Jacobs said
ChaseSS
06-09-2009, 02:19 PM
I'm glad the courts are taking this seriously, Chrysler's restructuring was completely unjust
wabmorgan
06-09-2009, 03:04 PM
chrysler is now stating that if the sale isn't completed soon they may be forced to liquidate.
ChaseSS
06-09-2009, 03:54 PM
chrysler is now stating that if the sale isn't completed soon they may be forced to liquidate.
liquidate? As in Chapter 7?
J-R10-5
06-09-2009, 04:03 PM
Chrysler doesn't own these dealerships - GM doesn't own any of the dealerships they are closing either. Generally folks in the car business aren't laid back people you can kick to the curb. You can kick them but they will kick back.
If you sat on a jury who would you side with - a Dealer or the Mfg?
The dealer gets my vote!!
wabmorgan
06-09-2009, 09:12 PM
liquidate? As in Chapter 7?
Yep. :(
Blakbird24
06-09-2009, 09:54 PM
Government wins again.
http://www.msnbc.msn.com/id/31185911
That's like 145,724,482,978 - 0 government. Talk about a losing season.
ChaseSS
06-09-2009, 10:22 PM
Government wins again.
http://www.msnbc.msn.com/id/31185911
That's like 145,724,482,978 - 0 government. Talk about a losing season.
great... checks and balances my ass... I'd be so outraged if I had secured debt that became worthless because a gov't "fix" - unconstitutional means nothing anymore
Blackened2k
06-10-2009, 01:09 AM
so do more than bitch about it on a car forum. At the very least write your representative(s).
wabmorgan
06-10-2009, 02:00 PM
Government wins again.
http://www.msnbc.msn.com/id/31185911
That's like 145,724,482,978 - 0 government. Talk about a losing season.
great... checks and balances my ass... I'd be so outraged if I had secured debt that got became worthless because a gov't "fix" - unconstitutional means nothing anymore
Judges can pretty much do what they damn want to do.
^^^^Just a quote I heard once.... Seemed applicable here.