NEW YORK – (AP) Chrysler LLC’s creditors have filed a lawsuit against Daimler AG charging that the German automaker unlawfully stripped billions of dollars in assets from the U.S. carmaker before selling it to a private equity firm. In the suit, filed Monday, the creditors cla
Also tagged bankruptcy law center, carmaker-before, chrysler, lawsuit-against, llc, private-equity, unlawfully-strippedReuters – A U.S. bankruptcy judge gave General Motors Corp permission on Monday to buy several assets of bankrupt auto parts supplier Delphi Corp as part of a deal with a private equity firm that could take Delphi out of bankruptcy. Originally posted here: Judge gives GM nod to …
Also tagged a-deal-with, bankrupt-auto, buy-several, corp-as-part, deal-with, delphi, delphi-corp-, general, monday, posted-hereNEW YORK – (AP) Auto parts maker Delphi Corp. defended the sale of a portion of its assets to a private equity firm on Thursday, saying it has been open to other buyers since it first entered bankruptcy protection four years ago. In a Thursday
Also tagged bankruptcy-protection, buyers, defended-the, defended-the-sale, first-entered, has-been, saying-it-has, since-it-first, york