MLG Files Historic “Takings” Case Against the U.S.

By |2017-06-02T23:58:29-07:00May 10th, 2017|Categories: Chrysler Bankruptcy|Tags: , , , , , , |

September 2008 marked a chilling moment in our nation’s history. That month Wall Street goliath Lehman Brothers filed bankruptcy, ending its 158-year history in the financial industry. That same month Merrill Lynch was sold over a weekend, sending shockwaves throughout the nation that our financial market was collapsing around us. As the Great Recession began to [...]

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COURT CLEARS PATH FOR CHRYSLER DEALERS’ CASE AGAINST U.S.

By |2018-07-17T19:52:31-07:00September 15th, 2015|Categories: Auto Industry Attorney|Tags: , , , , |

Newport Beach, California (September 15, 2015) – The U.S. Federal Court of Claims in Washington D.C. has denied the Justice Department’s motion to dismiss a lawsuit brought by a consortium of Chrysler dealers against the federal government. The lawsuit alleges that in 2009 the Treasury Department provided billions of dollars in TARP funds to Chrysler on [...]

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U.S. Court of Appeal Rules in Favor of Terminated Chrysler Dealers

By |2018-07-18T16:56:44-07:00April 22nd, 2014|Categories: Auto Industry Attorney, Automotive Economy, Chrysler Bankruptcy|Tags: , , , , |

Newport Beach, California (April 22, 2014) – On April 7, a U.S. Court of Appeal ruled in favor of scores of Chrysler dealers who were terminated during Chrysler’s 2009 bankruptcy, holding that the U.S. government may have violated the 5th Amendment. In June 2009, Chrysler terminated 789 dealers as part of its bankruptcy reorganization process.  The [...]

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