Bankruptcy
Economic Issue
More U.S. Taxpayer Help For Fiat...Chrysler for an engine factory. DETROIT -- The federal government already paved the way for Italy's Fiat to take control of Chrysler back in June, when it orchestrated the carmaker's exit from bankruptcy. Now the state of Michigan is... In this article: Fiat, Chrysler, Michigan, U.S., Tax, Bankruptcy, UAW, and Fiat 500 |
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Sydney Morning Herald - Business | November 03, 2009
Ford, Chrysler see divergence in sales
...SUVs in the marketplace." The new Chrysler is an alliance with Italy's Fiat, which took a stake in the number three US automaker under a bankruptcy reorganisation backed by the US and Canadian governments. Chrysler said it would offer...
In this article: Chrysler Group, US, Taurus, Mercury, Volvo, Jeep, Ford Motor Co, and Fiat
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FT.com - Lex | October 05, 2009
European bankruptcies
...worth the expense. For individuals, the choice is even easier. UK law allows discharge of bankruptcy after 12 months, providing a clean slate that is recognised across Europe. In Holland, the waiting period is three years, Italy is five and...
In this article: UK, European Union, Europe, Tax, David Cameron, Brussels, and Bermuda
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SignOnSanDiego.com RSS Feeds Business | September 04, 2009
Ind. officials renew Chrysler bankruptcy fight
Ind. officials renew Chrysler bankruptcy fight INDIANAPOLIS Indiana officials want the U.S. Supreme Court to reconsider their objections to the Chrysler bankruptcy proceedings that resulted in the sale of the bulk of the automaker's assets to...
In this article: Chrysler, Supreme Court, Richard Mourdock, United Auto Workers, and Fiat
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New York Post | October 23, 2009
GM, Chrysler were the clunkers: car czar
...than GM, and close to being liquidated, until the very last moment when the White House had a change of heart and bailed out Chrysler in a bankruptcy deal paying off most bondholders with about one-third of what they'd demanded. And while...
In this article: General Motors, Steven Rattner, Chrysler, Detroit, Balance sheet, Surgery, Fiat, and Rick Wagoner
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PR Newswire: Financial | October 29, 2009
AXA Group 9M 2009 Activity Indicators
...sales in Switzerland as a result of limited client turnover in the market (ii) Negative impact from one-off events, mainly in Japan (bankruptcy of a major independent agent) (iii) Partly offset by a solid performance in France, with...
In this article: AXA Group, Revenue, Asset, Asia, United Kingdom, AllianceBernstein, Germany, France, and United States
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Indiana Times - The Economic Times | September 19, 2009
Unpaid bills mount for Chrysler exec
...for his failure to pay back the personal loan. Chrysler went into a US government-financed bankruptcy earlier this year in a deal that gave management control to Italy's Fiat SpA. The distressed state of the Detroit area housing...
In this article: Chrysler, Detroit, Tax lien, Toyota, US, Tax, The Detroit News, Jim Press, and ING Bank
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NPR | September 15, 2009
Recession Hits Italy's Chair-Manufacturing Center
...in North Carolina and using local America agents for distribution. Italy has thus avoided high-profile bankruptcies that have plagued American and European companies. NPR reserves the right to read on the air and/or publish on its Web...
In this article: Italy, Fiat, Recession, Manzano, Italy, Capitalism, and Unemployment
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Miami Herald - Breaking News | August 26, 2009
Chrysler sues Daimler over key 2010 vehicle parts
...down production of the vehicles without them. Chrysler filed the lawsuit in bankruptcy court in New York and is seeking unspecified damages from Daimler, which owned Chrysler until 2007. Chrysler emerged from Chapter 11 bankruptcy...
In this article: Daimler AG, Fiat, NEW YORK, Joint venture, Auburn Hills, and Dodge Charger
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Description from Wikipedia:
Bankruptcy is a legally declared inability or impairment of ability of an individual or organization to pay its creditors. Creditors may file a bankruptcy petition against a debtor ("involuntary bankruptcy") in an effort to recoup a portion of what they are owed or initiate a restructuring. In the majority of cases, however, bankruptcy is initiated by the debtor (a "voluntary bankruptcy" that is filed by the insolvent individual or organization).
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