Read the fine print it does not mean the SC ruled on the merits. In fact, the order stressed that “a denial of a stay is not a decision on the merits of the underlying legal issues.”
What's the remedy?
I read that too but what the heck does it mean?
Don’t be fooled - in about an hour, chrysler will no longer exist for all prcical purposes. And there is no legal recovery against the new chrysler.
As soon as the sale closes, the case is moot - Indiana lost.
Read the fine print it does not mean the SC ruled on the merits. In fact, the order stressed that “a denial of a stay is not a decision on the merits of the underlying legal issues.””
That is just fancy language which is saying” We don’t have the cojones to stop this madness”......
It is time that more people find out just who exactly are the Bondholders in companies all around the country. Bill Gates and Warren Buffett could not by themselves own all the bonds that are out there. The pensions of firefighters, policemen, teachers, et al are the real bondholders.
For all you teachers who just couldn’t wait to vote for a black man to vote for, enjoy the 3% or so of your pension money that is left...your retirement just took a major turn in the road.