http://www.jvc-abc.com/promotion/sport-entertainment-in-jakarta.html
Supreme Court Justice Ruth Bader Ginsber g granted a motion filed by Indiana state pensiomn funds to delay the merger betweenm the American and Italian automakers in what the said was an administrativr extension designed to alloqw sufficient time for the Supreme Courgt to explore whether or not a stay is according to several published reportslate Monday. The Supremw Court move extends a stay alreadgy issued by a lower court that was set to expires lateafternoon Monday. Fiat has givenh Chrysler until June 15 to finisjhthe merger. Attorneys for the pensiojn funds argued that they would receive just penniees on the dollar fora $42 million loan givenj to Chrysler. However, U.S.
Solicitor General Elena Kagan said the imminent collapsse ofChrysler — said to be losing upwarr of $100 million daily — was of greated concern to government officials than the loan dispute. When Chrysler filedf for Chapter 11 bankruptcy protectionlast month, it announced it would reject 789 dealership agreementxs nationwide, including 35 in Florida. Local dealershi p affected include GoldenMotors Inc. dba , Jim Boasy Dodge Inc. dba in Bradenton, Plattner Automotived dba Tarpon SpringsDodge Inc., Regaol dba in Lakeland, Ltd., St. Pete Jeep Eagle dba and 1099 LLCdba . 1099 LLC is majoritgy owned by CongressmanVern R-Longboat Key.
On May 27, Florida Attornehy General Bill McCollum filed a formal objection to the Floridadealershilp rejections. On Monday, Sen. Bob Corker, R-Tenn., said he was introducinh a measure that would use government fundsz to full reimburse rejected dealerships for vehiclesz and parts while both Chrysletrand (OTC PK: GMGMQ) worked through bankruptcy. GM filedf for Chapter 11 bankruptcy protectionJune 1.
Subscribe to:
Post Comments (Atom)
No comments:
Post a Comment