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triciae_gw

Auto Makers

triciae
15 years ago

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 ÂWe are pretty darn sure that a bankruptcy judge will allow usÂ" 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...

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