The Legal Ins and Outs of a Chrysler Bankruptcy
The American Lawyer
The federal bankruptcy code can be a devilish thing, especially when trying to understand the circumstances of a precedent-setting filing like the plan announced Thursday by Chrysler, so the Am Law Daily turned to John La Liberte, chair of the litigation and creditors' rights group at Boston's Sherin and Lodgen, for some guidance. La Liberte discusses whether the move is a good one for Chrysler, what creditors' lawyers should worry about -- and whether "quick bankruptcy" is an oxymoron.