Excellent synopsis of what occurred! I have seen very little written on the $10 Million fee the expert was to receive if the Chrysler deal went through. From Monday,
Bankruptcy Attorney Thomas Lauria Reviews The Chrysler/Fiat Case
........."LAURIA: Well in fact there's no competent evidence in the record what the liquidation value of Chrysler is. The expert who testified in front of the bankruptcy court below left out critical assets from his valuation analysis. He used multiples that were well under market and most interesting to me, he was going to get a $10 million success fee if the deal went through which really raises a question as to whether or not his testimony was biased. "...........
The whole deal stinks.