The Chrysler Bankruptcy and Reorganization with FIAT: A United States, Rule-Based Regulation Should Control Future Labor Disputes Between the U.S. and Italian Divisions, JOEL JACOBSON, Wis. Int’l L.J. 28:3

The Chrysler Bankruptcy and Reorganization with FIAT: A United States, Rule-Based Regulation Should Control Future Labor Disputes Between the U.S. and Italian Divisions
JOEL JACOBSON

 

ABSTRACT

“In late April of 2009, U.S. President Obama announced the government’s reorganization plan for Chrysler LLC (“Chrysler”), promising a “quick, efficient, and controlled” bankruptcy. 1 Despite these strong words, the bankruptcy plan necessitated an international solution whereby the Italian car company Fiat purchased a 20 percent interest in Chrysler, allowing the reorganization to move forward. This reorganization may create conflict of international proportions if the U.S. and Italian divisions diverge on a labor issue. This comment addresses Fiat’s partial acquisition of Chrysler, explores the legal processes surrounding the formation of the multi-national company, and ultimately argues that a U.S. administered, rules-based regulation should control labor law disputes.”

For full article, see Volume 28:3

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