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09.23.2009
Conaway, David H.
"GM and Chrysler: The Chapter 11 Solution" (ABI) |
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American Bankruptcy Institute
ABI Committee News
Volume 8, Number 11
September 2009
OVERVIEW:
After US Government "bailout" loans, days of US Congressional hearings, and months of speculation about "too big to fail" or the "cascading" effect throughout the supply chain, GM and Chrysler both filed for protection under Chapter 11. Here's why Chapter 11 made sense.
FOR COMPLETE ARTICLE TEXT, CLICK "DOWNLOAD PDF" LINK.
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