Chrysler Hires Jones Day as Bankruptcy Counsel

The Wall Street Journal is reporting that Chrysler several weeks ago hired the prominent law firm of Jones Day as bankruptcy counsel, suggesting the auto maker is preparing for imminent financial failure should its efforts to obtain federal rescue funds fall short.

Great news for Jones Day.  Bad news for the U.S. economy.

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Posted by admin on December 5, 2008. Filed under Home,Law Firm News. You can follow any responses to this entry through the RSS 2.0. You can leave a response or trackback to this entry