Åœ — äº¬æ — ¶é — ' 10 June morning news, according to foreign media reports, the United States Supreme Court on Tuesday approved the sale of assets to the Chrysler Fiat-led group, Chrysler and the Obama administration made a victory.
United States Supreme Court rejected the Indiana pension funds and other opposition parties suspend the trading application.
United States Supreme Court Justice Ginsburg (RuthBaderGinsburg) has made a ruling on Monday approved the Indiana pension funds and other opponents of the request to postpone the Chrysler to Fiat group headed by the sale of assets.
Chrysler has previously submitted to the court file that the Chrysler Group headed by the sale of assets is necessary, you can help save us $ 100 million every day. In addition, this transaction will bring their subordinates Jeep, Chrysler, and Dodge brand to a new company to help rescue 3.85 000 jobs.
Indiana pension funds hold Chrysler 69 billion secured loans of $ 4250, they said in court documents, agreed with Fiat acquired Chrysler assets transactions is $ 7000 to finance acquisitions of non-performing assets (TARP) abuse, because the target is a financial institution, not the car manufacturers.
Chrysler bankruptcy progress is widely regarded as a precedent for General Motors, GM is also similar to that of a quick sale of asset strategies.
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