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To: Labyrinthos

I doubt the Bankruptcy Code allows the party in bankruptcy to give an asset of one creditor to a third-party.


204 posted on 05/19/2009 1:11:15 PM PDT by DuncanWaring (The Lord uses the good ones; the bad ones use the Lord.)
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To: DuncanWaring

I doubt that Chrysler is actually giving the franchise to another person. More likely, Chrysler is eliminating under performing franchises, which has the effect of expanding the sales and service areas of the remaining franchise owners.


229 posted on 05/19/2009 1:34:30 PM PDT by Labyrinthos
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