SCOTUS Calls Time Out for Chrysler Sale to Fiat

In a one-sentence order, Justice Ruth Bader Ginsburg said that the rulings of the bankruptcy judge allowing the Chrysler sale “are stayed pending further order of the undersigned or of the court.” According to published reports, SCOTUS delayed the sale of Chrysler's assets to Fiat pending further review of an appeal by three Indiana state pension funds and several consumer groups. Check out SCOTUSblog's insightful post, Ginsburg temporarily blocks Chrysler deal. See also Deal Book's post and the New York Times story, Supreme Court Delays Sale of Chrysler to Fiat. [JH]