Chrysler Resolves Lemon Law, Workers' Comp Issues

Law360, New York (May 29, 2009, 12:00 AM EDT) -- The state of Ohio has withdrawn its objection to Chrysler LLC's proposed $2 billion sale to Fiat SpA after winning assurances that the state's lemon law would not be disregarded in the asset sale, officials said.

Ohio Attorney General Richard Cordray on Friday said a multistate negotiating group had worked to ensure that all lemon laws nationwide would be honored in the sale, which was undergoing a lengthy hearing in the U.S. Bankruptcy Court for the Southern District of New York.

“While Chrysler restructures, I want...
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