In his post, Chrysler Files Bankruptcy – Part I: Assessing The Financial Carnage, Chicago business bankruptcy lawyer Steven Jakubowski summarizes the damage.
In Chrysler: Detroit’s Pain is New York’s Gain, law reporter Nathan Koppel at The Wall Street Journal’s Law Blog writes that restructuring professionals in Detroit can’t be too happy about Chrysler filing in New York.
In his post Chrysler Bankruptcy Plan Announced: Too Aggressive of a Timeline?, California business bankruptcy lawyer Terrence Egland of Klein DeNatale thinks that 30-60 days is too optimistic a timeframe to figure out a plan of reorganization.
Dallas bankruptcy lawyer Reed Allmand discusses what the bankruptcy means for Chrysler employees, in his post Chrysler Files for Bankruptcy.
The IncisiveMedia bloggers at the AmLaw Daily have several posts up today. Staff reporter Brian Baxter writes about Chrysler’s lead bankruptcy lawyer, Jones Day’s Corinne Ball, in Ball’s in Her Court: Meet Chrysler’s Lead Bankruptcy Lawyer.
AmLaw staff reporter Zach Lowe has a Q&A with University of Chicago law professor Douglas Baird on some tough sections of the federal bankruptcy code: Can Stubborn Bondholders Delay a Chrysler Rebirth?
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