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The U.S. trustee overseeing Visteon Corp.’s Chapter 11 bankruptcy case, the committee representing unsecured creditors, and General Motors have joined Ford Motor Co. in objecting to Visteon’s proposed bonus programs.

Tags: Bankruptcy Case, Bonus Program, Bonus Programs, Chapter 11 Bankruptcy, Ford, Ford Motor, Ford Motor Co., General Motors, Objections, Trustee, United States, Unsecured Creditors, Visteon, Visteon Corp

The U.S. trustee overseeing Visteon Corp.’s Chapter 11 bankruptcy case, the committee representing unsecured creditors, and General Motors have joined Ford Motor Co. in objecting to Visteon’s proposed bonus programs.

Tags: Bankruptcy Case, Bonus Programs, Chapter 11 Bankruptcy, Ford, Ford Motor, Ford Motor Co., General Motors, Objections, Proposal, Trustee, Unsecured Creditors, Visteon, Visteon Corp

Chrysler LLC neared approval for its sale to a group led by Italy’s Fiat S.p.A. after three days of testimony ended and parties shifted their attention to 350 objections from dealers and other opponents of the sale.

Tags: Chrysler, Chrysler LLC, Court Approval, Fiat, Fiat S.p.A., Italy, Llc, Objections, Opponents, Testimony

Chrysler LLC returns to bankruptcy court today for the likely approval of the sale of most of its operations to a group that includes Fiat, although hundreds of objections were still scheduled to be heard.

Tags: Bankruptcy Court, Chrysler, Chrysler LLC, Fiat, Llc, Objections

Chrysler LLC looks set to clear its last major hurdle in its sprint through bankruptcy court as soon as Thursday, when a judge is expected to overrule more than 340 objections and approve its sale to a group that includes Italy’s Fiat.

Tags: Bankruptcy Court, Chrysler, Fiat, Hurdle, Italy, Llc, Objections, Sprint

A U.S. bankruptcy judge approved bidding procedures for the rapid sale of most of Chrysler’s assets, over objections from a group of lenders who called the accelerated timetable an “absurdity”.

Tags: Absurdity, Assets, Bankruptcy Judge, Bidding Procedures, Chrysler, Chrysler A U.S., Lenders, Objections, Timetable

A small group of Chrysler LLC’s lenders on Tuesday raised further objections to the Obama administration’s plan for a quick dash through bankruptcy and called on the judge overseeing the case to block the effort.

Tags: Bankruptcy, Chrysler, Chrysler LLC, Lenders, Llc, Obama, Obama administration, Objections, Opposition, Small Group

The deal that could have saved Chrysler LLC fell apart over the objections of a handful of fund managers and touched off an immediate debate over the responsibility of investors and the role of government.

Tags: Backlash, Chrysler, Chrysler LLC, Face, Fund Managers, Handful, Investors, Lenders, Llc, Objections, Role Of Government

A U.S. Bankruptcy Court judge has affirmed auto parts maker Delphi Corp.’s right to end health care benefits for non-union retirees, rejecting objections from a committee representing the group.

Tags: affirmed auto parts maker, Auto Parts, Bankruptcy Court, Court Judge, Delphi, Delphi Corp., Health Benefits, Health Care Benefits, Objections, Retiree Benefits, U.S. Bankruptcy Court, Union Retirees