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above the law - Jones, Day, Reavis & Pogue of ClevelandSubmitted by Quest-News-Serv... on Thu, 09/24/2009 - 03:27.
Jones Day's Chrysler Bankruptcy CoupThe future of the Detroit's Big Three is looking grim, as Congress has turned tight-fisted in response to the automakers' request for $34 billion to stay alive. Chrysler is getting ready to throw in the towel, and has chosen Jones Day to do the throwing. From the Wall Street Journal (subscription):
Jones Day bankruptcy maven Corinne Ball, a partner in the New York office, will lead the effort should Chrysler fail to secure a $7 billion capital infusion by the end of the year.
AmLaw noted the possibility for this major coup for the Jones Day team. This will be a massive deal. Sad for Detroit and the general economy. But what's not these days? Chrysler Hires Law Firm Jones Day as Bankruptcy Counsel [WSJ] __________________________________________________
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