The Deal
Wednesday, November 25, 
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Entries tagged "Chrysler bankruptcy"

Stays of Chrysler sale went above and beyond

Could Chrysler's bankruptcy proceeding set a new legal precedent with respect to staying Section 363 sale orders?


Marchionne's letter to Chrysler employees

Fiat CEO Sergio Marchionne, who was named CEO of the new company, Chrysler Group LLC, sent an e-mail to Chrysler employees.


Poll: Chrysler conspiracy theories

With Chrysler dealers appearing in court, rumors of political partisanship in the process continue to bubble up in the blogosphere.


Detroit dissed on bankruptcy filings

Two Michigan auto parts makers, Metaldyne and Visteon, recently filed for Chapter 11 in Manhattan and Wilmington, Del., respectively, and not Detroit.


Lehman's case a study for Chrysler

If Chrysler really wants to sell to Fiat, its best strategy is to take a page from the Lehman playbook.


GM China plan exposes conflict with UAW

Reports about GM's plans to sell Chinese-made cars in the U.S. show the UAW, which largely went along with the restructuring of Chrysler, is gearing up for a fight when it comes to GM.


Bankruptcy sends Chrysler resale values down

Resale values fall 6% in the days after Chrysler filed for Chapter 11.


Claims subordination becomes latest rage

The Chrysler bankruptcy may be notable not only because of its size, but also its place in a trend of filings where secured lenders are subordinated sometimes for political reasons.


Chrysler's holdout hedge funds outed

The bankruptcy judge publicly releases the names of the holdout hedge funds despite their request for anonymity.


Buffett warns of Chrysler cramdown ramifications

The Oracle of Omaha fears the administration's bold attempt to force secured lenders to the back of the line could have consequences for the broader economy.


Chrysler HQ to become a mall?

If Fiat decides to abandon Chrysler's current headquarters, reports indicate the complex is designed for easy conversion to a mall.


Taxpayers shell out $300K per Chrysler job

The U.S. is spending more than $300,000 per blue-collar job saved with little chance of having its loans repaid.



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REIT IPO deja vu

Real estate sponsors that might wish to undertake an IPO will need to consider a wide variety of issues and begin to take action long before the first filing with the SEC.


Industry Insight

Loan-to-buy

Paulson's proposal to purchase an equity stake in Yellow Pages publisher Idearc is the second time in recent months an investor group has used its prepetition debt position to execute a bargain price 'exit LBO.'


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Managing your shareholder base

Growth companies and their PE sponsors should be wary of the pitfalls that arise when they layer on tiers of preferred stock.



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