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18 Aug 9:25 pm
... (without Chrysler's liabilities) to Cerberus for roughly $7 billion, $3.45 billion of which went to Chrysler, $2.275 billion to FinCo (who then immediately paid off the note owed to Daimler), ... and intentional fraudulent transfer under the Bankruptcy Code, and on state law causes of action for breach of Daimler's fiduciary duty as sole shareholder and controlling force behind all Chrysler decisions, unjust enrichment, and corporate alter ego liability. Daimler has filed no formal response to the ...
Florida Collection Law Blog - http://floridacollectionlaw.blogspot.com/
24 Aug 5:46 pm
... . In 1926, the company became Daimler-Benz AG, the name by which it was known until 1998, when it merged with Chrysler, and Daimler and Chrysler became sister companies under the newly created parent company DaimlerChrysler AG. What's now ... in advance. Obviously, this lawsuit does not represent the run of the mill collection case, and neither the complexity of the corporate structures involved in this lawsuit, nor their size, is typical. But as we will discuss in further detail in coming posts, ...
Florida Collection Law Blog - http://floridacollectionlaw.blogspot.com/
15 May, 2007 2:39 pm
... pony up more than $6 billion to beef up the bank account of the Chrysler operation, including its financing division, according to Reuters news. That's not to buy the corporation . . . that's just to make the accounting books look good. To grease the skids on the deal, Daimler agreed to transfer $1.55 billion to the Chrysler bank accounts just so it can jump ship from its nine-year-old failed merger. ...
Lemon Law Blawg - http://ohiolemonlaw.blogspot.com
6 Apr, 2007 10:27 am by Gordon Smith
... to launching the bid. Though his takeover bid failed, Kerkorian turned his stake in Chrysler into a $3 billion profit when the company merged with Daimler-Benz. (You may be wondering about the valuations here. According to the W$J, " ... company to the UAW as part of finding a solution to ever-rising healthcare costs, which not only are unaffordable by corporations, but over time will likely prove to be unaffordable by governmental entities as well. Hmm. This could get interesting. Many employees ...
Tags: MA
Conglomerate - http://www.theconglomerate.org/
26 Mar, 2007 11:53 am by Ronald L. Burdge
... few weeks ago we reported that GM was talking with DaimlerChrysler about buying the ailing Chrysler US operation. Turns out they were not only talking, they ... heck of a price. That's a shame too because a thousands of ordinary people depend on Chrysler for their survival. The bigger shame is that when the Germans staged their $36 Billion buying ... made out like a bandit? Why, those same blue suits, of course. When Daimler took over, everyday Americans in Detroit lost their jobs, the boardroom bandits ...
Lemon Law Blawg - http://ohiolemonlaw.blogspot.com
31 Mar 4:53 am by Andis Kaulins
... , as well as a third of Mazda. GM owns Saab passenger cars and a large chunk of Isuzu. And Chrysler, which briefly owned Lamborghini, went out and married Daimler-Benz, forming DaimlerChrysler. Such partnerships not only blur the lines ... having led the company into total ruin in a decade of hopelessly flawed leadership. He epitomizes one problem of the corporate (and political) world in general, which is the over-prevalent hiring of CEOs who are "well-liked" and "popular", ...
LawPundit - http://www.lawpundit.com/blog/lawpundit.htm
11 May 7:23 am by Ronald V. Miller, Jr.
... alleged that design of the Mercedes-Benz caused the child's death, alleging a "gallimaufry" of product liability theories against Daimler-Chrysler Corporation. The Defendant moved for summary judgment claiming that it had never manufactured or sold Mercedes-Benz vehicles and that Daimler-Benz AG manufactured the car and DaimlerChrysler AG, a German company, was the successor in interest to Daimler-Benz AG. The 1st Circuit ...
Maryland Injury Lawyer Blog - http://www.marylandinjurylawyerblog.com/
20 Aug, 2008 5:35 pm by Lawrence Taylor
... "eliminate drunk driving once and for all". Of course, automobile manufacturers have jumped enthusiastically on this. Nissan, Saab, Volvo, Chrysler and Toyota have already designed IIDs - both as optional equipment and as possible standard equipment for all of ... . Of the remaining five, three are carmakers planning IIDs in their models: Nissan North America, Daimler Chrysler Corporation and General Motors Companies (makers of Saab). See The Truth About Ignition Interlock Devices. Follow the money.
DUI Blog - http://www.duiblog.com
6 May, 2008 9:02 am by Lawrence Taylor
... ). If you review MADD's Annual Report, you will find a list of their top contributors - those "Platinum Corporate Donors" who have paid MADD at least $100,000. There are six: Dial America Marketing, Nationwide Mutual Insurance, Nissan North America, Daimler Chrysler Corporation, Car Max Foundation and General Motors Corporation (makers of Saab). Yes, three car manufacturers…and a telemarketer heavily used by MADD. Problem #2: What about drivers who haven't been arrested ...
DUI Blog - http://www.duiblog.com
2 Mar 8:50 am
... , the assessee was a company incorporated in India. At the beginning of the relevant financial period, 81% of assessee's share capital was held by a German company, Daimler Benz; and the balance 19% by an Indian company, TELCO. In the relevant financial period, Daimler Benz and the Chrysler Corporation, USA, decided to merge. A new company called Daimler Chrysler was formed in Germany for this purpose. In the process of the ...
Indian Corporate Law - http://indiacorplaw.blogspot.com/
2 Jan, 2007 11:30 am by Werner R. Kranenburg
... a notice of appeal to the Court of Appeals for the Third Circuit the following month. In 1999 in Germany, former shareholders of Daimler-Benz AG instituted a valuation proceeding (a so-called Spruchstellenverfahren) against DaimlerChrysler AG in Stuttgart district court, claiming that the ratio used in the course of the merger with Chrysler Corporation to determine the value of the Daimler-Benz shares was too low. In August 2006, the court ruled that, based on the ...
With Vigour and Zeal - http://kranenburgesq.com/blog
22 Mar, 2007 5:42 pm by Werner R. Kranenburg
The merger between Daimler-Benz AG and Chrysler Corporation in 1998 that created DaimlerChrysler AG (Deutsche Börse, NYSE: DCX) has spawned several legal proceedings (Rechtliche Verfahren), both in Germany and the ... ) That was then. Now that the post-merger (or is that 'post-takeover') entity has stated that "all options" are open regarding Chrysler however, in what could be seen as or possibly have the effect of a reversal of the merger, it was only appropriate more legal action would follow. Two ...
With Vigour and Zeal - http://kranenburgesq.com/blog
16 Apr, 2007 10:14 am by Werner R. Kranenburg
... trading, global competition for order flow and liquidity", and The Saga of Daimler Chrysler (subtitle, abstract), which uses "the DaimlerChrysler events to generate unique evidence on the extent to which two methods - disclosure requirements and corporate governance standards - can substitute for one another in protecting minority shareholders from expropriation." BP's management too saw off 'dissident' shareholders; ...
With Vigour and Zeal - http://kranenburgesq.com/blog
2 Jun, 2008 7:31 am by Michael Smith
... the settling plaintiff against a company related to the released defendant. (Got that?) The latter situation arose when Orion sued DaimlerChrysler Corporation ("DCC") for infringement of two patents in Orion IP, LLC v. Ford Motor Company, 2:04cv313. Orion had ... On September 25, 2007, Orion filed suit against MBUSA alleging MBUSA "lost" its status as licensee of the patents when the Daimler-Chrysler split occurred and MBUSA infringes the patents. MBUSA denied infringement, and alleged that it has ...
Eastern District of Texas Federal Court Practice - http://mcsmith.blogs.com/eastern_district_of_texas/
20 Jan 8:56 am by Thom Lambert
... continue to bail out an auto manufacturer that is (or soon will be) an Italian company? In an era of globalized industry, national identity of corporations grows fuzzy at best. Profits that are not reinvested are paid out to shareholders that span the globe, regardless of where ... . And as the on-again-off-again US automaker formerly known as Chrysler (then Daimler-Chrysler, now Chrysler LLC, soon-to-be Fiat Chrysler?) demonstrates, car makers themselves care little for national identities unless ...
Tags: Business
Truth on the Market - http://www.truthonthemarket.com
28 Apr, 2006 3:44 pm by Larry Catá Backer
... theoretically reserved to the nation-state. I then explore the consequences of this premise in two contexts - the first is that of the multinational corporation seeking to exploit the wealth of a political community, and the second is that of a non-state organization engaged in acts of ... 21st Century, both corporation and terrorist organization have become Aristotle's "City." Consider the following questions: Is it possible to declare war on Osama bin Laden? Should Daimler-Chrysler AG be accorded ...
Law at the End of the Day - http://lcbackerblog.blogspot.com
26 Jan, 2007 11:21 am by George Socha
... global companies and organizations including: ABN AMRO, AOL, BAE Systems, BBC, Boeing, Citigroup, Coca Cola, Daimler Chrysler, Deutsche Bank, Ericsson, Ford, GlaxoSmithKline, Hutchison 3G, Kraft Foods, Lloyd TSB, NASA, ... in content capture and business process management solutions. Autonomy and the Autonomy logo are registered trademarks or trademarks of Autonomy Corporation plc. All other trademarks are the property of their respective owners. For more information, please contact: Winifred Shum ...
In Re Discovery - http://sochaconsulting.com/inrediscovery
10 Mar, 2008 7:40 pm
... all the suits in which they have participated. Baltimore v. Toyota Motor Credit Corp Smith v. Daimler Chrysler Financial FMCC (Joyce Jones, et al. v. Ford Motor Credit Company) GMAC (Coleman v. General Motors Acceptance Corporation) NMAC (Cason v. Nissan Motors Acceptance Corporation) AHFC (Terry Willis, et al v. American Honda Finance Corporation) Borlay v. Primus Automotive Financial Services, Inc. and Ford Motor Credit Company Bank Auto Finance Discrimination ...
New Jersey Lemon Law Lawyer Blog - http://www.newjerseylemonlawlawyerblog.com/
6 Jun, 2008 6:49 am
... : STEP / Committee on National Statistics conference on 'Intangible assets: measuring and enhancing their contribution to corporate value and economic growth' - Washington: (IP finance), 24 June: Creative commons salon - Brisbane: ... Semiconductor Corp - Court says third parties don't start trade secrets clock in case between Cypress Semiconductor and Silvaco Data Systems: (IP Law360), Daimler Chrysler: Plutex caught shuffling patents around its shell companies to sue multiple times: (Techdirt), ( ...
IP Thinktank - http://duncanbucknell.com/blog
2 Jan, 2007 12:35 am
... launched Caldera Developer Network. Caldera developers, including Independent Software Vendors (ISVs), Independent Hardware Vendors (IHVs), corporate in-house developers and members of the Open Source developer community, will have early access to UNIX and Linux ... or on a combined UNIX and Linux platform. I guess that one little piece of information would come in handy in Daimler Chrysler's case too, where SCO pretended that the AT&T licenses forbad Unix licensees from contributing to Linux ...
GrokLaw - http://www.groklaw.net
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