ADVERTISEMENT



Google       

Home -> Law Blog Directory -> Bailout Blogs -> Calculated Risk

OR PHONE (866) 635-1838 for Bankruptcy Help, (866) 635-6190 for Divorce,
(866) 635-2689 for Personal Injury or (866) 635-9402 for Criminal Defense

Find a Local Lawyer

Bankruptcy (866) 635-1838
Divorce (866) 635-6190
Personal Injury (866) 635-2689
Criminal Defense (866) 635-9402

Bookmark

Bailout

: Calculated Risk

Chrysler: Deal Reached with Creditors

By Anonymous

ADVERTISEMENTS
From the NY Times: Deal Is Set on Chrysler Debt That May Avert Bankruptcy
The Treasury Department has worked out a preliminary agreement with Chrysler?s largest secured creditors ...

Chrysler has about $6.9 billion in secured debt owned by big banks such as Citigroup and JPMorgan Chase and a group of hedge funds. Under the proposal, all of the debt would be canceled in exchange for $2 billion in cash...

The initial Treasury offer was $1.0 billion, and the banks countered at $4.5 billion and 40% equity in the new Chrysler. These is no mention of equity in the story.


Full post as published by Calculated Risk on April 28, 2009 (boomark / email).

Bloggers, promote your law blog by nominating your blog for inclusion in USLaw.com's Law Blog Directory and RSS Reader. Benefits described.
Lawsuits and Settlements

Hurricane Claims
State Farm Fire and Casualty Co. reaches settlement deal with Mississippi Attorney General Jim Hood.

Chrysler
Defective Jeep Windows

Chrysler, Behr
Face Environmental Class Action over Dayton Plant

Daimler Chrysler et al.
alleged negligence pertaining to lost confidential client data which exposed customers to identity theft

Behr, Chrysler
Face Environmental Class Action Suit over McCook Thermal Plant

Further Settlements Reached in Kitec Lawsuit
Kitec Pumbing Further settlements reached in Defective Products Lawsuit

Related Searches

























































































































US Law
#1 Online Legal Resource













Your Blog Subscriptions
Subscribe to blogs

10,000+ Law Job Listings
Lawyer . Police . Paralegal . Etc
Earn a law-related degree
Are you the author of this blog? Adding USLaw.com to your Blogroll increases relevance. You qualify to display a USLaw Network badge.
Suggest changes to this blog's description or nominate another for inclusion. Register for updates.


Practice Area
Zip Code:

Contact a Lawyer Now!






0.0022 secs (from cache 11/07/26 06:25:12)