Saturday, January 02, 2010

Chrysler Sues State Officials Over Dealer Law Changes

Bloomberg reports:
Chrysler LLC sued the Oregon Attorney General and officials in Maine, North Carolina and Illinois, saying recent changes to those states’ dealer’s laws violate the bankruptcy code and the U.S. Constitution.

Chrysler says the new laws interfere with the car company’s rejection of 789 dealers as part of its sale to Italy’s Fiat SpA. The lawsuit, filed in Manhattan bankruptcy court by reorganized Chrysler as well as its bankrupt estate, seeks a court order declaring the laws unconstitutional and in conflict with a bankruptcy judge’s orders.