Chrysler Dealers Lose Bid To Appeal To 2nd Circ.

Law360, New York (October 19, 2009, 7:54 PM EDT) -- Several former Chrysler LLC dealers have lost a bid to immediately appeal to a circuit court a stay of several actions over the loss of their franchise agreements during the car manufacturer's restructuring and sale to Fiat SpA, with a bankruptcy judge ruling their motion was improperly made.

Judge Arthur Gonzalez of the U.S. Bankruptcy Court for the Southern District of New York rejected the dealers' motion for certification to immediately appeal to the U.S. Court of Appeals for the Second Circuit, saying that the dealers...
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