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Dec. 15 (Bloomberg) -- Chrysler LLC , now known as Old Carco LLC, filed a reorganization plan that gives nothing back to the U.S. for its $4 billion loan under the Troubled Asset Relief Program while repaying some secured lenders in full.
Dec. 15 (Bloomberg) -- Chrysler LLC , now known as Old Carco LLC, filed a reorganization plan, giving nothing back to the U.S. for its loans under the Troubled Asset Relief Program while repaying some secured lenders in full.
A reorganization plan filed in bankruptcy court in New York today by the former Chrysler LLC, now known as Old Carco LLC, shows the automaker will not repay the $4 billion government loan it received in January.
Bob King, a United Auto Workers vice president who is expected to become the union's next president, visited Ford Motor Co.'s Buffalo Stamping Plant in Hamburg on Monday.
CIT Group Inc., one of the nation's largest lenders to small and midsize businesses, said Monday it is waiving fees for the next three months on all approved Small Business Administration Loan applications.
MERIDEN — The owners of Alderman Cadillac are fighting General Motors’ decision not to renew the dealership’s franchise agreement beyond October 2010, and are enlisting city leaders, state officials and the public in their cause.
CHICAGO -- A Chicago man accused of planning a terrorist attack against a Danish newspaper knew in advance about a plot to attack Mumbai and offered congratulations to the killers afterward, federal prosecutors charged yesterday.
WASHINGTON (AP) — The Supreme Court has declined to take another look at Chrysler’s bankruptcy. The justices on Monday turned down an appeal from the state of Indiana pension funds that earlier challenged the automaker’s bankruptcy proceedings.
WASHINGTON — The Supreme Court has declined to take another look at Chrysler's bankruptcy.
Dec. 14 (Bloomberg) -- Lehman Brothers Holdings Inc. has paid its bankruptcy advisers $533.5 million since September 2008, topping the half billion mark in 14 months, it told the U.S. Bankruptcy Court in New York.
The Supreme Court has declined to take another look at Chrysler's bankruptcy. The justices on Monday turned down an appeal from the state of Indiana pension funds that earlier challenged... Read more at www.WISHTV.com