May 7, 2009
Great Analysis of Chrysler Sale by Chicago Attorney Steve Jakubowski
With three part harmony, a little orchestration and stuff like (thx to Alice's Restaurant). Steve's blog is at www.bankruptcylitigationblog.com. If I knew I could get in, I would go to the sale hearing if I knew when it was (not set yet). This is absolutely a sub rosa plan of reorganization - it also violates 363(f) if it's free and clear of non-consenting secured creditors. I can't imagine the pressure though on Judge Gonzalez to approve it. The free world is at stake or so the motion says.
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