Dealerships Ask 2nd Circ. To Revive Chrysler Suits

Law360, New York (September 14, 2011, 6:11 PM EDT) -- A group of Chrysler dealerships asked the Second Circuit on Wednesday to allow them to fight the rejection of their dealership agreements under the automaker's bankruptcy plan that spun off less desirable assets and saw its "good assets" re-emerge as Chrysler Group LLC.

But the bankruptcy court that allowed Old Carco LLC, or Old Chrysler, to abandon some of its dealers had specifically ruled out the possibility of bringing any further claims under state law, according to Danielle Spinelli of WilmerHale, an attorney for Chrysler....
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