Sen. Seeks Pay For Rejected GM, Chrysler Dealers

Law360, New York (June 9, 2009, 12:00 AM EDT) -- Addressing what he calls a bum steer for Chrysler LLC and General Motors Corp. dealerships slated for closure, Sen. Bob Corker, R.-Tenn., is asking Congress to consider legislation that would force the bankrupt automakers to use some of the U.S. Treasury funds they received to reimburse the auto dealers.

The senator's legislative move, which came Thursday in the form of an amendment to a major tobacco bill, further brightens the spotlight on the two massive Chapter 11 cases in the U.S. District Court for the Southern...
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