Just figured I'd post
this:
Quote:
Supreme Court Justice Ruth Bader Ginsburg put a temporary hold Monday on the deal to sell Chrysler to save it from collapse. Her order, however, simply gives her or the full Court more time to ponder whether to postpone the sale further, or allow it to go forward. The order can be found here.
It would have taken the votes of five members of the Court to grant a full postponement. Ginsburg’s brief, unexplained order said only that the bankruptcy court’s decisions approving the sale were “stayed pending further order” by her or the Court.
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I didn't quote the whole thing even though it's not very long; if you want a full explanation of what the short order means (actually, what it doesn't mean),
click through to read it.
This seemed noteworthy to me because it's the first speed bump the govt has hit in the Chrysler Chapter 11. I don't know what SCOTUS will do, obviously. I just thought it interesting that Ginsburg didn't think this one was easy; if she did, she wouldn't have granted the interim stay.