| Previous || Home || Next |
| Title: Chrysler hearing delayed on GMAC 'issues' -lawyers |
|
"(We are) advised that GMAC has some issues, we actually are working with GMAC on those issues," said Martin Bienenstock of Dewey & LeBoeuf, which is representing Chrysler Financial. The hearing on whether GMAC may provide wholesale, retail and other product-related financing for an initial four-year term was delayed until 1 p.m. EDT (1700 GMT). "Parties are speaking out about outstanding issues -- waivers and releases (that we) believe are relevant to this deal," said Kevyn Orr, a partner for law firm Jones Day, which is representing Chrysler. The case is In re: Chrysler LLC, U.S. Bankruptcy Court, Southern District of New York, No. 09-50002. (Reporting by Chelsea Emery, editing by Matthew Lewis) Full article |
| Other article: |
| Chrysler hearing delayed on GMAC 'issues' -lawyers |
| UPDATE 1-Systemax wins Circuit City e-commerce business |
| Unions to seek common position on Fiat, Opel |
| UPDATE 2-George Weston profit boosted by bakery sale gain |