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Posted on June 9, 2009 | tags

 
 

Biz, U.S.: SCOTUS uses super-tight language to allow the Chrysler sale

  • Our assessment of the stay factors here is based on the record and proceedings in this case alone.
  • Supreme Court Justice Ruth Bader Ginsburg • In her four-paragraph decision in “Indiana State Police Pension Trust v. Chrysler LLC,” which was the main roadblock in the way of the Chrysler-Fiat sale. Why the wording? It’s likely they didn’t want to set a standard for any sort of GM sale. The decision, by the way, hinged on whether Chrysler was being discriminatory towards the pension program in its actions, which it wasn’t. Everyone’s getting screwed the same way. • source
 
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