Hedge Funds Lose In Chrysler Bankruptcy
Wednesday, May 6, 2009 : PermalinkThe Business Insider – It looks like the "surgical" 30-60 day bankruptcy may be a go.
Late last night, after a marathon session in court, Judge Arthur Gonzalez basically approved the plan to merge Chrysler into Fiat, rejecting the claims from the senior secured (though minority) bondholders.
Tags: arthur gonzalez, bankruptcy, bondholders, business insider, chrysler, court judge, fiat, marathon session
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