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Supremes Rebuff Chrysler Creditors (Dingell attacks pensioners for refusing 'small sacrifice')
National Review ^
| 6/10/2009
| Henry Payne
Posted on 06/10/2009 5:57:30 AM PDT by SeekAndFind
click here to read article
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To: Darren McCarty
21
posted on
06/10/2009 7:05:41 AM PDT
by
Darren McCarty
(We do what we have to do.)
To: IamConservative
The problem is that once the sale is completed, the case is moot, and there is no remedy available to make them whole again. All of the valuable assets will have been transferred to “New Chrysler”, and all “old Chrysler” will have is debts and liabilities. There will be no assets left to make the plaintiffs whole. And since the case will be moot, the other points will not even be heard by the court.
To: Need4Truth
You bet. My money is now at work in China, Brazil and Australia.
23
posted on
06/10/2009 7:12:03 AM PDT
by
Oldexpat
To: SeekAndFind
24
posted on
06/10/2009 7:36:52 AM PDT
by
BerryDingle
(I know how to deal with communists, I still wear their scars on my back from Hollywood-Ronald Reagan)
To: IamConservative
I suspect Indiana will make another run at this when the sale closes and the “harm” is quantifiable and irreparable.I wondered about that. Can the new company be sued for the misdeeds of the old company?
25
posted on
06/10/2009 7:38:26 AM PDT
by
NEPA
To: Darren McCarty
The R was a typo. Thanks for the correction. I was about to clean my glasses and say "My bad"
26
posted on
06/10/2009 7:45:58 AM PDT
by
TYVets
To: SeekAndFind
Dingell attacks pensioners for refusing 'small sacrifice')So did an "R" from Michigan, sadly. God forbid these idiots should be voted out of office.
27
posted on
06/10/2009 7:58:53 AM PDT
by
Major Matt Mason
(The Democrat Party is a criminal enterprise.)
To: TYVets
Oops! So NR mislabeled a "D" as an "R". They should know better.
28
posted on
06/10/2009 8:04:53 AM PDT
by
Major Matt Mason
(The Democrat Party is a criminal enterprise.)
To: Major Matt Mason
Oops! So NR mislabeled a "D" as an "R". They should know better.
It has been since corrected on the web page.
To: NEPA
I suspect Indiana will make another run at this when the sale closes and the “harm” is quantifiable and irreparable.
I wondered about that. Can the new company be sued for the misdeeds of the old company?”
Possibly- but it would be a hollow victory- all the old Chrysler has is Liabilities.....no Assets.
To: IamConservative
The SCOTUS vacated the stay because the plaintiff could not prove irreparable harm.Let me correct this for you.
The SCOTUS gleefully sidestepped the stay because the plaintiff could not prove irreparable harm.
Cowards. The lot of them.
31
posted on
06/10/2009 11:19:42 AM PDT
by
Glenn
(Free Venezuela!)
To: Kozak
Anyone else up for buying bonds in a union company?
32
posted on
06/10/2009 12:03:02 PM PDT
by
silverleaf
("Never forget that everything Hitler did in Germany was legal ( Martin Luther King))
To: silverleaf
33
posted on
06/10/2009 1:57:45 PM PDT
by
Kozak
(USA 7/4/1776 to 1/20/2009 Reqiescat in Pace)
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