High Court Asked to Block Chrysler Deal
The federal appeals court in New York approved the sale Friday, but gave objectors until Monday afternoon to try to get the Supreme Court to intervene. Chrysler wants to sell the bulk of its assets to a group led by Italy's Fiat as part of its plan to emerge from bankruptcy protection.
The emergency request goes first to Justice Ruth Bader Ginsburg, who handles such matters from New York. She can act on her own or refer it to the entire court.
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Hate to see it. Makes me mad. Wish it didn't have to happen. But, theres always a but, I don't hear alot of other people knocking down GM's door.