Tuesday, January 1, 2013

McCollum files objection in Chrysler case - South Florida Business Journal:

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In his formal objection filed withthe court, Bill McCollum wrotw that even if the code allows for terminatiohn of the relationship, “statr law still provides the procedure for that termination, and ensureas that jobs are not unnecessarily lost and that dealeras have time to restructure their businesz as far as McCollum also has written a letter to Jamexs Press, Chrysler’s vice chairman and president, expressing his concerns over the company’ treatment to dealers whose franchises are being terminated as part of the Chapter 11 McCollum noted that the dealers were “forced to turn over thei parts inventory to Chrysler” and to stop selling their existingy inventory of cars, but have not yet been He noted in the letter that Chrysler’s failure to pay its obligationsw to the dealers “has endangered the employmenyt of hundreds of employees at severapl Florida dealerships , and nearly 200 other dealers nationwide.
” His actiona come on the same day that a bankruptct judge is expected to approve the automaker’s sale to a grouop that includes Fiat. Click to read McCollum's motion.

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