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Jurist
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Federal bankruptcy judge approves sale of Chrysler assets to Fiat
Posted: June 1st, 2009, 5:33am MSD by Andrew Morgan
Tags: [edit]
[JURIST] A federal bankruptcy judge on Sunday approved the sale of most of the assets currently held by Chrysler Group to Italian automaker Fiat S.p.A. [corporate websites]. Judge Arthur Gonzales of the US Bankruptcy Court for the Southern District of New York [official website] approved a bankruptcy plan that would transfer 55 percent of Chrysler to a United Auto Workers (UAW) [union website]