Chrysler Fights Legislation Defending Rejected Dealers

Law360, New York (January 4, 2010, 2:49 PM EST) -- Chrysler Group LLC, along with its liquidated castoff Old Carco LLC, has asked a bankruptcy court for a declaratory judgment protecting it from dealers attempting to use legislative methods to override the company's rejection of their contracts.

Old Carco and Chrysler Group, the company's successor with Fiat SpA, sued high-ranking state officials from Maine, North Carolina, Illinois and Oregon on Thursday in the U.S. Bankruptcy Court for the Southern District of New York, calling for an injunction barring the states from attempting to reinstate the rights...
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