Court approves process for creation of a new Chrysler

5/13/09 Chrysler LLC announced May 8 that the U.S. Bankruptcy Court has entered an order approving a process for the sale of substantially all of its assets. As part of this process, a “sale notice” will be circulated widely and be published in major newspapers to provide the opportunity for any interested party to emerge. The court has set May 20 as the deadline for the submission of bids; May...