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19 Aug 2009, 12:08 am
According to the complaint, these transfers were made with the knowledge on the part of Daimler that there were numerous lawsuits pending against Chrysler that could be satisfied, at least partially, with the transferred assets; and with the intent on the part of Daimler to defraud Chrysler creditors.The creditors seek damages against Daimler on theories of constructive and intentional fraudulent transfer under the Bankruptcy Code, and on state law causes… [read post]
15 Jan 2014, 9:34 am by Will Baude
It begins: Readers of the Supreme Court’s decision yesterday in Daimler Chrysler v. [read post]
24 Aug 2009, 10:17 pm
What's now Daimler AG is the remainder of DaimlerChrysler AG after its sale of Chrysler to Cerberus Capital Management in 2007.Daimler AG is sued in its capacity as the owner of Old Chrysler. [read post]
16 Feb 2011, 9:00 pm
As yet, however, we have not seen much attention paid to tax implications of the deal, in the same way the Daimler-Chrysler merger drew attention to the uncompetitiveness of the U.S. corporate tax system. [read post]
8 Feb 2011, 11:35 am by Steven M. Gursten
  These former Chrysler employees and retirees are required  to purchase No-Fault insurance  coverage through Daimler Chrysler – but this coverage  contains fine print that names the “insured person” in the policy as the Daimler Chrysler Corporation. [read post]
11 Nov 2010, 11:40 am by Steven M. Gursten
Instead, Daimler Chrysler Insurance Company chose “Daimler Chrysler Corporation” as its “named insured. [read post]
9 Nov 2010, 5:11 am by Steven M. Gursten
Trent, a Daimler Chrysler Corporation retiree, acquired his Daimler Chrysler insurance policy when he leased vehicles through his former employer’s employee/retiree lease program. [read post]
9 Feb 2011, 9:35 am by Steven M. Gursten
Here’s what’s happening: Instead of protecting innocent policy holders – who happen to be Daimler Chrysler employees and retirees that are actually required to purchase insurance coverage through Daimler Chrysler Insurance Company – the auto insurance policy contains fine print that names the “insured person” in the policy as the Daimler Chrysler Corporation. [read post]
15 Jan 2014, 8:30 am by William Baude
Readers of the Supreme Court’s decision yesterday in Daimler Chrysler v. [read post]
19 Jul 2010, 12:05 am by Milord A. Keshishian
Santa Ana, CA – Kruse Technology has filed a patent infringement suit against Defendants Daimler AG; Mercedes-Benz USA, LLC; Detroit Diesel Corporation; Freightliner Corporation; Western Star Truck Sales, Inc.; Volkswagen AG; Volkswagen Group of America, Inc., Audi of America, Inc.; Ford Motor Company; Cummins Inc.; and Chrysler Group LLC. [read post]
1 Dec 2003, 6:13 am
In Monday's corporations and securities law news, billionaire investor Kirk Kerkorian has brought suit against DaimlerChrysler alleging executives from Daimler-Benz engaged in "plain, old-fashioned fraud" by claiming the merger with Chrysler was one of equals rather than a takeover by the German company. [read post]
26 Mar 2007, 11:53 am
The problem is, foreigners are still the ones who are looking at picking up the pieces.When will Congress change the laws to stop this sort of corporate shenanigans? [read post]
17 May 2011, 3:37 am by Steven M. Gursten
Instead, Daimler Chrysler Insurance Company chose “Daimler Chrysler Corporation” – itself – as its “named insured. [read post]
22 Mar 2007, 5:42 pm
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 US, of which some are still ongoing. [read post]
31 Mar 2009, 4:53 am
And Chrysler, which briefly owned Lamborghini, went out and married Daimler-Benz, forming DaimlerChrysler.Such partnerships not only blur the lines between domestic and import cars, they eliminate them. [read post]
6 Apr 2007, 10:27 am
Though his takeover bid failed, Kerkorian turned his stake in Chrysler into a $3 billion profit when the company merged with Daimler-Benz. [read post]
15 May 2007, 2:39 pm
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. [read post]