Newsroom Headlines

  June 9, 2009 Supreme Court to Decide Whether Bankruptcy Law Violates Free Speech  The U.S. Supreme Court agreed yesterday to decide whether a provision of the Bankruptcy Abuse Prevention and

  June 8, 2009 Autos U.S. Supreme Court Asked to Delay Fiat Deal A group of Indiana pension funds opposed to the sale of Chrysler LLC to Italy's Fiat SpA asked the U.S. Supreme Court on Saturday to

  June 5, 2009 SEC Accuses Countrywide’s Ex-Chief of Fraud Angelo R. Mozilo, the former CEO of Countrywide Financial, has been charged with securities fraud and insider trading in a civil suit brought

  June 4, 2009 Autos GM and Chrysler Defend Dealer Closings to Senate Panel Under sharp questioning from the Senate Commerce Committee, executives from General Motors and Chrysler defended their plans

  June 3, 2009 Autos Judge to Rule on Chrysler Franchise Terminations; Senate Panel Examines Dealer Closings Bankruptcy Judge Arthur Gonzalez will rule today on whether Chrysler can terminate the

  June 2, 2009 Court Approves GM Asset Sale General Motors Corp. won court approval of its first-day motions to sell assets as soon as next month after collapsing under $172.8 billion in debt

  June 1, 2009 Autos GM Files for Bankruptcy Protection General Motors filed for bankruptcy protection this morning listing $82.29 billion in assets and $172.81 in debts on a consolidated basis, the

  May 29, 2009 Autos Delphi in Talks to Emerge from Bankruptcy Delphi Corp., the auto parts maker that has been in bankruptcy proceedings for the last four years, may finally emerge from chapter 11

  May 28, 2009 U.S. Lawmakers Weigh Limits on Bankruptcy Forum Shopping U.S. lawmakers are considering banning the controversial practice of bankruptcy “forum shopping” by requiring companies to seek

  May 27, 2009 Autos GM Moves Closer to Bankruptcy as Bondholder Offer Falls Short General Motors Corp. said that it won't proceed with the repurchase of any of the $27.2 billion of notes it sought