Chrysler Lenders Must Reveal Identities Today, Judge Rules |
Bloomberg - May 6, 2009 |
Chrysler LLC dissident lenders have until noon today to reveal their identities after a bankruptcy judge rejected claims that their safety was at risk because of anger over the automaker’s bankruptcy.
U.S. Bankruptcy Judge Arthur Gonzalez in New York forced the group to file a list of its members publicly, denying their request to reveal their identities only to the bankruptcy court. Gonzalez said yesterday the lenders have no evidence that keeping their identities private would help protect them. The group seeks to block an auction of most company assets to an entity managed by Fiat SpA, an outcome Chrysler said would force it to liquidate, costing thousands of jobs.
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- Posted: 2009-05-06 09:49:27
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