Indiana Funds, Chrysler Battle Over Appeal

Law360, New York (June 1, 2009, 12:00 AM EDT) -- Less than a day after a bankruptcy court judge signed off on the sale of Chrysler LLC to Italian car maker Fiat SpA, a group of Indiana pension funds have already filed a notice of appeal to try to get the deal invalidated.

The Indiana State Teachers Retirement Fund, the Indiana State Police Pension Trust and the Indiana Major Moves Construction Fund filed a notice of appeal with the U.S. Bankruptcy Court for the Southern District of New York, challenging Judge Arthur J. Gonzalez's approval of...
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