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	<title>Chryslerpedia.org &#187; justice ruth ginsburg</title>
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		<title>Chrysler Fiat Sale Delayed</title>
		<link>http://www.chryslerpedia.org/chrysler-fiat-sale-delayed/</link>
		<comments>http://www.chryslerpedia.org/chrysler-fiat-sale-delayed/#comments</comments>
		<pubDate>Tue, 09 Jun 2009 16:53:34 +0000</pubDate>
		<dc:creator>Hank</dc:creator>
				<category><![CDATA[News]]></category>
		<category><![CDATA[chrysler fiat merger]]></category>
		<category><![CDATA[chrysler news]]></category>
		<category><![CDATA[features]]></category>
		<category><![CDATA[justice ruth ginsburg]]></category>
		<category><![CDATA[supreme court delay]]></category>

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		<description><![CDATA[Yesterday we told you the chances of the Chrysler Fiat merger being delayed were almost zero &#8211; we were so wrong. US Justice Ruth Ginsburg has ordered a delay on the final sales deal after a requested postponement, which is supposed to close by June 15th. Fiat stated after this decision they would NOT back [...]]]></description>
			<content:encoded><![CDATA[<p>Yesterday we told you the chances of the <a href="http://www.chryslerpedia.org/chrysler-fiat-to-pass-through-supreme-court/">Chrysler Fiat merger being delayed</a> were almost zero &#8211; we were so wrong.<span id="more-322"></span> US Justice Ruth Ginsburg has ordered a delay on the final sales deal after a requested postponement, which is supposed to close by June 15th.</p>
<p><img src="http://www.chryslerpedia.org/wp-content/uploads/2009/01/ladytramp5.jpg" alt="Fiat Chrysler merger" title="Fiat Chrysler merger" width="500" height="375" class="alignnone size-full wp-image-111" /><br />
Fiat stated after this decision they would NOT back down from this deal. They are committed to the Chrysler buyout. Chrysler itself is worried, stating that a pause like this could &#8220;kill&#8221; the deal and cause the auto maker to force a liquidation. Chrysler is trying to save their other makes, Dodge/Jeep, as well as almost 39,000 jobs.</p>
<p><img src="http://www.chryslerpedia.org/wp-content/uploads/2009/04/fiat-y-chrysler.jpg" alt="fiat-y-chrysler" title="fiat-y-chrysler" width="550" height="280" class="alignnone size-full wp-image-183" /></p>
<p>Supreme Court officials said this stay was only to further review the merits of a sale to Fiat. Also causing some tension is the Indiana shareholders who hold pension funds worth $42.5 million of $6.9 billion in Chrysler secured loans. They are concerned those pensions will be lost if this merger goes through. </p>
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