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Old March 4th 06, 11:52 PM posted to rec.autos.makers.jeep+willys
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Default Dana Corp files for bankruptcy

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.


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