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28 Dec 07

Lawsuits, Mergers, and Bankrupcies on my…

  • From thetruthaboutcars.com: “Cerberus may exist positioning itself to prosecute Daimler for unfair occupation practices. They could do thus– following filing for Chapter 11 bankruptcy protection– beneath a claim of “dishonest alienation.” Rather than turn this into a boring regulation seminar– and God knows I’m an adroit on that front– let’s just say that the providing in question (or not) is part of the U.S. bankruptcy code designed to obstruct management from hiding chief from creditors. - autonews on 2007-12-28
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