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Auto Makers

Posted by triciae (My Page) on
Mon, Feb 9, 09 at 10:55

Aack! The Feds didn't get subordinatation agreements!

""They are negotiating to see if they can reach an agreement," said Workman, a bankruptcy lawyer based in Washington. "If not, they are saying ‘We are pretty darn sure that a bankruptcy judge will allow us’" to be first in line for repayment."

Yeah, famous last words. Sheesh.

/tricia

Here is a link that might be useful: Auto Makers, BK, & DIP Financing...


Follow-Up Postings:

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RE: Auto Makers

More reading pleasure (?) about the Auto Makers can be found at the link below.

Here is a link that might be useful: Threads found via a search on 'Auto Makers' at Hot Topics.


 
 

 

 


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