Our first update1 discussed various initial proceedings in the Chrysler bankruptcy cases. This update provides certain information on the Order Approving Bidding Procedures for the Sale of Substantially all of the Debtors’ Assets, which was entered by the court on May 7, 2009, and the Interim Order Approving a DIP Credit Facility and Authorizing the Debtors to Obtain Post-Petition Financing, which was entered by the court on May 4, 2009. The final DIP Financing and Sale hearings are scheduled for May 20, 2009, and May 27, 2009, respectively.
- How-to guide How-to guide: How to manage the risk of contracting with a company in financial difficulty (UK)
- How-to guide How-to guide: How to identify and manage antitrust and unfair trade practice risk (USA)
- How-to guide How-to guide: How to negotiate and draft governing law and court jurisdiction clauses in a commercial agreement (UK)