Chrysler asks bankruptcy court for Plastech relief
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Chrysler LLC asked a federal judge on Wednesday to let it take equipment and its business from bankrupt auto parts supplier Plastech Engineered Products Inc, saying bail-out options under discussion would have cost the money-losing automaker tens of millions of dollars.
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By Brice Wallace Deseret Morning News  International Business Machines Corp. on Thursday asked a federal court judge for summary judgment in a lawsuit SCO Group Inc. filed against it.
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Detroit's Big Three automakers are  preparing to push for more help from Washington to ease the  burden stemming from massive health-care and retiree costs, the  head of DaimlerChrysler AG's Chrysler division said on Monday.
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DaimlerChrysler (DCXGn.DE) still  hopes to win cost-saving concessions on healthcare from its  unionized U.S. workforce despite resistance from the United  Auto Workers union, its U.S. arm Chrysler said on Friday.
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The federal agency that insures pensions has asked a bankruptcy court to compel United Airlines to make over $800 million in pension contributions, officials said Monday.
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By Ryan Lafontaine, The Sun Herald, Biloxi, Miss.  Jun. 12--LAUREL -- Attorneys representing DuPont's titanium-dioxide plant in DeLisle are asking the Jones County Circuit Court to throw out most of the 1,951 toxic-exposure lawsuits pending against the chemical giant.
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A second bankruptcy filing comes after a month of warnings and a failure to secure labor concessions.
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After its lawyer asked a question that may have pushed a jury to award $246 million in punitive damages, the Ford Motor Company is asking the Supreme Court to redefine how such damages are administered.
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The Fair Game column on Feb. 3, about problems at mortgage lenders, misstated the circumstances surrounding a bankruptcy filing related to the home mortgage lending unit of NovaStar Financial. An involuntary petition to force the unit into bankruptcy was filed with the court on Jan. 24 by a creditor who won a $49 million judgment against the unit; the unit did not file for bankruptcy. (On Feb. 7, the judge overseeing the case ruled against the petition.).
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The federal Securities Exchange Commission has asked General Motors, Ford and Navistar Corp., a maker of trucks and engines, to provide financial information about their pension and post-retirement healthcare plans.
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Back then, it was Lee Iacocca and the federal government bailing out Chrysler. Today the German owners must figure out how to fix the company.
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The airline has requested use of the gates in a bid to the federal bankruptcy court of Indianapolis for certain ATA Airlines Inc. assets.
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DETROIT/FRANKFURT  - DaimlerChrysler raised the prospect on Wednesday of parting ways with its loss-making U.S. Chrysler arm, a move that could unwind a blockbuster 1998 merger creating the world's fifth-biggest car maker.
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Chrysler LLC has a realistic business plan in place and hopes to avoid future buyouts or other downsizing because of U.S. economic woes, the company's president said on Tuesday.
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Bankrupt US Airways UAIRQ.OB  sought consent from its big unions on Wednesday for temporary  relief from contracts and threatened to go to court to force  changes if workers did not voluntarily agree.
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The Supreme Court Tuesday sought noted Bollywood film director Sanjay Leela Bhansali's response   on a plea seeking resumption of his prosecution for allegedly setting fire to the sets of his film   Black in 2004 to claim insurance.
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The auto-parts company needs to figure out how to fix itself.