日批在线视频_内射毛片内射国产夫妻_亚洲三级小视频_在线观看亚洲大片短视频_女性向h片资源在线观看_亚洲最大网

WORLD> America
Judge OKs Chrysler's steps toward sale to Fiat
(Agencies)
Updated: 2009-05-06 14:47

But those representing a dissident group of Chrysler lenders said the sale procedures were designed to prevent other bidders from coming forward and argued for Gonzales to grant more time for potential buyers to do the research they needed and make appropriate offers. On Monday, the same group of lenders had objected to a Chrysler motion to allow the company to access $4.5 billion in bankruptcy financing, saying that it was too closely tied to the proposed sale.

Thomas Lauria, an attorney for the lenders group, argued that no other legitimate bids for Chrysler have surfaced in the last two years because there hasn't been a proper process in place for them to be submitted.

Related readings:
Judge OKs Chrysler's steps toward sale to Fiat GM: Some parts of Chrysler deal could help GM
Judge OKs Chrysler's steps toward sale to Fiat Chrysler bankruptcy has little impact on China operations
Judge OKs Chrysler's steps toward sale to Fiat Fiat eyes merger with GM Europe, Chrysler
Judge OKs Chrysler's steps toward sale to Fiat UAW wins big Chrysler stake but can't run company
Judge OKs Chrysler's steps toward sale to Fiat Chrysler still have to sell automobiles to solve problems

Lauria said it's Chrysler's own fault that it waited until it ran out of money to file for bankruptcy protection and potential bidders for the company's assets shouldn't be forced to rush because of the company's actions.

"The fact is, the liquidation value of the company was materially reduced over that period of time," Lauria said. "And at the same time, the company was burning up all of its cash and getting ready to tell us all we had a lot of things to do and to hurry up."

Early on in Tuesday's hearing, Gonzales ruled that the identities of the dissident group's members do not need to be sealed, despite arguments from their attorney that death threats were made against some of them.

Lauria said the names should be sealed by the court because some of the members had received threats of violence after been singled out by President Obama as the cause of Chrysler's bankruptcy filing.

The group of holdout lenders had refused a deal that would amount to 29 cents on the dollar to dissolve what they're owed and go along with the government's restructuring plan for Chrysler. President Barack Obama said Thursday that the lenders were seeking an "unjustified taxpayer-funded bailout" after Chrysler and his auto task force cleared the company's other hurdles, including the Fiat deal and a cost-cutting pact that the United Auto Workers ratified last week.

But Robert Hamilton, an attorney for Chrysler, said those threats only amounted to four or five "rants" on a newspaper Web site.

Gonzales gave the lenders group until 12 noon EDT Wednesday to file their list of members with the court.

Michigan's state attorney general also filed an objection Tuesday over concerns that if the sale to Fiat goes through, the new company formed wouldn't meet obligations to a state workers' compensation fund. But Gonzales said the objection could be resolved later if and when he is asked to rule on a final sale motion.

As the afternoon hearing stretched into the night, Chrysler turnaround officials and executives testified about the events of the months leading up to the company's bankruptcy protection filing.

Scott Garberding, Chrysler's executive vice president for procurement, described efforts to form alliances with automakers other than Fiat, including General Motors Corp. and Nissan, in recent years.

In addition, Robert Manzo, an executive director with Capstone Advisory Group LLC and one of Chrysler's top restructuring advisers, described how the automaker found itself with few options and dwindling cash in the month leading up to Chrysler's government-imposed April 30 restructuring deadline.

"Given the options available over the past 30 days and the lack of liquidity, we could choose a transaction along the lines of the Fiat deal with the help of the US Treasury or face immediate liquidation," Manzo said.

   Previous page 1 2 Next Page  

主站蜘蛛池模板: 成人中文字幕在线观看 | 久操久操久操 | 91福利片| 色视频免费 | 国产免费视频 | jizz日本视频| 免费av看片 | 婷婷丁香社区 | 三级av在线| 欧美日韩一区二区区别是什么 | 日本一级黄色 | 成人在线观看免费 | 成人午夜毛片 | 日韩免费在线观看 | 久久一区二区精品 | 激情欧美日韩 | 国产在线观看一区二区三区 | 亚洲色图欧美日韩 | 国产又大又粗又爽 | 国产精品久久久久久久妇 | 午夜精品福利在线观看 | 精品久久久精品 | 亚洲精品影视 | 欧美精品日韩在线观看 | 久久久夜色精品亚洲 | 亚洲精品一级片 | 偷拍亚洲欧美 | 欧美成人猛片aaaaaaa | 99久久99久久 | 亚洲免费国产 | 久久久久99精品成人片三人毛片 | 国产精品九九视频 | 日韩在线欧美 | av毛片在线播放 | av中文在线播放 | 日韩久久一区二区三区 | 成人在线高清视频 | 狠狠操在线视频 | 欧美视频在线一区 | 中文字幕一区二区av | 亚洲欧美视频一区 |