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Supreme Court clears Chrysler sale

by David Zatz on

The Supreme Court has cleared the sale of Chrysler’s primary assets to a government-formed company, effectively ending bankruptcy status for the company’s most important manufacturing operations. The Supreme Court, in an unsigned opinion with just four paragraphs, made it clear it was not setting any precedents, but was deciding on this specific case. The full nine member court appears to have agreed on the opinion. The cases in question can be found as Indiana State Police Pension Trust v. Chrysler, 08A1096; Center for Auto Safety v. Chrysler, 08A1099; and Pascale v. Chrysler, 08A1100.

David Zatz founded Allpar in 1998 (based on a site he had begun in 1993-94), after years of writing reviews for retail trades. He has been quoted by the New York Times, the Daily Telegraph, the Detroit News, and USA Today. Before making Allpar a full-time career, he was a consultant in organizational psychology. You can reach him by using our contact form (much preferred) or by calling (313) 766-2304

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