Bankruptcy Process stories:
GM to start repaying debt to US
Nov 16th, 2009 - CNNMoney
NEW YORK (CNNMoney.com) -- General Motors said better results will allow it to start repaying government loans sooner than expected, although the company continued to lose money in its first quarter since emerging from bankruptcy.
Former Chrysler dealers hold on for compensation
Nov 3rd, 2009 - Reuters
ST CHARLES, Illinois (Reuters) - Nearly five months after Chrysler Group LLC emerged from bankruptcy under the leadership of Italian automaker Fiat SpA (FIA.MI), Rocco Massarelli faces almost certain ruin. "It's dead here," said Massarelli...
UPDATE 5-CIT moves closer to pre-packaged bankruptcy approval
Oct 30th, 2009 - Reuters
* Holders of 90 pct of unsecured debt ok prepack bankruptcy * Results still being tabulated * Company expected to win necessary support for prepack * Icahn to provide...
Auto Industry Posts Best US Sales Of ...
Sep 1st, 2009 - CNNMoney
(Updated to add results from General Motors, Nissan and Hyundai.) The auto industry temporarily awoke from its slumber last month thanks to theU.S. "Cash for Clunkers" offer, led by a 17% sales jump at Ford Motor Co...
Chrysler Dealers: Closing Day Comes
Jun 9th, 2009 - The Huffington Post
It's a sad week for hundreds of Chrysler dealers across the country. As the Detroit automaker's bankruptcy process unfolds, dealerships will be either closing shop in...



