Posted on April 29th, 2010 • by Bill Cawthon
Two former Chrysler dealers who lost their franchises last year may get to see company e-mails that included personal criticisms like “too litigious” which may have unfairly influenced termination decisions. If U.S. Bankruptcy Court Judge Arthur Gonzalez follows his initial reaction, transcripts of previously sealed Chrysler LLC e-mails will be furnished to Jim Tarbox of [...]
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Posted on January 21st, 2010 • by David Zatz
The old Chrysler, Old Carco or Chrysler LLC (as opposed to Chrysler Group LLC), has had its bankruptcy process moved forward as Judge Arthur Gonzalez approved the company’s disclosure statement and voting process for liquidation. Michigan tax and environmental agencies are demanding priority, as the old company owes some taxes and $2.8 million in environmental [...]
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Posted on September 1st, 2009 • by David Zatz
The eleven dealers who sued to have their franchises reinstated on the basis that state franchise laws had precedence over the federal bankruptcy law have had their suit dismissed by Judge Arthur Gonzalez.
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Posted on August 18th, 2009 • by David Zatz
Having won the right to do so from Judge Gonzalez, a group of Chrysler unsecured creditors have now filed suit against Daimler, accusing the conglomerate of taking billions of dollars worth of assets from Chrysler before transferring it to Cerberus two years ago. By removing those assets, according to the creditors, Daimler made it impossible [...]
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Posted on August 14th, 2009 • by David Zatz
Eleven dealerships are currently trying to sue Chrysler Group, LLC, which has asked judge Arthur Gonzalez to block the suit, according to the Detroit News. The dealers are attempting to regain their franchises, saying that their state’s motor vehicles statutes outweigh the bankruptcy code. A hearing is scheduled for August 27. The dealers are primarily [...]
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Posted on August 13th, 2009 • by David Zatz
Judge Arthur Gonzalez has given Chrysler’s unsecured creditors permission to sue Daimler AG, with the claim that Daimler took away Chrysler’s most valuable assets before selling it to Cerberus Capital Management. The group is seeking over $3 billion in debt. The details of the suit have not been released. However, it appears that the Treasury could [...]
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