looks like they filed under the new laws and those are alot stiffer then the b.r laws of
recent past, such as delphi used
Lon wrote:
> mabar proclaimed:
>
> > I wonder how this will affect Jeep?
> >
> > http://quote.bloomberg.com/apps/news...r=news_inde x
> >
> >
> It is legal to summarize a story or quote it in fair use for review.
> That doesn't look like a dissolution type bankruptcy, more to
> renegotiate terms with lenders, break contracts, etc. As for the
> customers of Dana, bankruptcy courts have collection powers that would
> make Tony Soprano envious. Don't see directly why it would affect Jeep
> at all unless they, like some companies, have internal rules prohibiting
> new contracts or purchases from companies in bankruptcy.