Chrysler Hires Bankruptcy Law Firm

Chrysler LLC has hired the prominent law firm Jones Day as bankruptcy counsel, according to several people familiar with the matter. The firm was hired several weeks ago to help the ailing auto maker prepare for a possible Chapter 11 bankruptcy filing.

A Jones Day spokesperson declined to comment. A Chrysler spokeswoman couldn't be reached.

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EnnNorak - 12/5/2008 3:31:48 PM

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The traditional Detroit 3 should merge as one survivable leaner and meaner American car company. That is the only scenario under which I would support government help and then only for the purpose of facilitating the merger.

Agent009 - 12/5/2008 5:05:18 PM

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yeah I know, I caught it.

DinamoR - 12/5/2008 5:17:09 PM

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man, even the new challenger SRT8 has an interior like a rental car. what are they thinking??? you'd thunk they would have learned by now, but naaaaaaw!

And they had a little Tesla Roadster electric sport car knockoff coming. 0-60 in 4 sec with no gasoline. I was excited about that one (well minus the rental car interior).

Meh. I guess small progressive companies like Fisker and Tesla is where its that, these giant corporations are out of touch with reality.

I want the Fisker Karma. 408 horse electric engine, 959 ft-lb torque, 50 miles electric range, and so hot looking! Damn I want that car!

bmwdrvr - 12/5/2008 7:00:39 PM

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lol whats hilarious is of you trashing the Dodge EV is that is what simply a lotus, same lotus interior and everything....so you may want to trash lotus...

bmwdrvr - 12/5/2008 7:01:04 PM

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but i guess Chrysler is already down why not aim at them

monkeyrun - 12/5/2008 5:41:45 PM

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I bet Daimler's like roflol right about now.