Do More With Reuters
Partner Services

Consumer groups file Chrysler US top court appeal

Tue Jun 9, 2009 11:40pm IST
 
Email | Print | | Single Page
[-] Text [+]

WASHINGTON, June 9 (Reuters) - Consumer groups said on Tuesday they filed a U.S. Supreme Court appeal challenging Chrysler LLC's sale on the grounds the deal would leave the automaker free of current and future product liability claims.

Five consumer groups and three individuals with pending cases challenged a provision of the sale agreement that releases the new company from pending and future product liability claims involving vehicles sold before the new company's creation.

The consumer groups asked the U.S. Supreme Court over the weekend to put the sale of the bankrupt automaker to a group led by Italian carmaker Fiat SpA (FIA.MI: Quote, Profile, Research) on hold while they appeal.

U.S. Supreme Court Justice Ruth Bader Ginsburg late on Monday granted a separate request to delay Chrysler's sale. That request was made by Indiana pension funds and raised different issues than the arguments by the consumer groups. (Reporting by James Vicini, Editing by Leslie Gevirtz)

India Investment Summit 2009
India Investment Summit 2009

Top executives and bankers discuss their own plans and the broader opportunities and challenges for India.  Full Coverage 

GLOBAL RECOVERY

A labourer works on a flyover bridge at a construction site in New Delhi October 14, 2009. REUTERS/Parth Sanyal/Files
Global economy in holding pattern - IMF

The global economy is in a holding pattern and vulnerable to more upheaval, the head of the IMF said, adding a lasting recovery will depend on policymakers taking the proper steps in the coming months.  Full Article 

Market Update

  • IndiaIndia
  • USUS
  • UKUK
  • Asia
  • Most Actives

BLOGS

Photo
Calculated Move

Reliance aims big with $12 bln bid for LyondellBasell.  Blog 

showcase

U.S. Recession
U.S. Recession

A trip through the epicenters of the American recession.  Full Coverage 

 
Central Banks Cautious
Central Banks Cautious

Reuters tracks the policies of the world's top central banks as the debate over global economic recovery rages on.   Full Coverage 

 
T P Raman
Column - RBI leads the world

Reserve Bank of India's approach ring-fenced the banking system.   Full Article 

 
Funding Blues
Funding Blues

A popular tactic used by Indian brokerages to raise money for rich clients is likely to be banned.  Full Article 

 
Not Enough Jobs
Not Enough Jobs

Venture capital creates jobs, but not enough.  Full Article 

 
Column - A Sweet Dream
Column - A Sweet Dream

There are good reasons for Ferrero to consider a combination with Cadbury.  Full Article