How do you know when your company is in the ****ter?
#1
iClub Silver Vendor
Thread Starter
iTrader: (25)
Join Date: Nov 2002
Location: Participating in some Anarchy!
Posts: 15,494
Car Info: 2005 LGT wagon
How do you know when your company is in the ****ter?
Fiat owns you!!
Chrysler LLC filed for bankruptcy protection Thursday and will form an alliance with the Italian carmaker Fiat Group SpA in an effort to revive the nation's ailing third-largest automaker.
#3
iTrader: (12)
Join Date: Jun 2008
Location: In Mother Russia...
Posts: 4,024
Car Info: ...zeh car drives you!
This should be an interesting template/precedent of what can be expected from an automotive bankruptcy...Though I am a little skeptical of the "surgical bankruptcy” claim that it could be completed in 30 to 60 days. Especially since United took 3 years to resolve and Delphi is under Chapter 11 (since 2005)...
I do want to read up more of the holdout group of creditors wouldn’t budge on proposals to reduce Chrysler’s secured debt. What were the proposed terms?
Oh crap, does this now mean that we will start seeing 300Cs with Maserati badges?
I do want to read up more of the holdout group of creditors wouldn’t budge on proposals to reduce Chrysler’s secured debt. What were the proposed terms?
Oh crap, does this now mean that we will start seeing 300Cs with Maserati badges?
Thread
Thread Starter
Forum
Replies
Last Post
dfs2
New Aftermarket Car Parts For Sale
0
01-18-2005 09:57 PM
dfs2
New Aftermarket Car Parts For Sale
0
01-08-2005 09:40 PM
hellzrex
Vendor Group Buys/Specials
0
07-29-2004 02:10 PM