Stahl Cowen Crowley Addis, Llc

Chrysler Salaried Retirees Prepare to Defend Their Benefits

Published in Hospital and Nursing Home Week, May 21st, 2009

The National Chrysler Retirement Organization has retained the Chicago law firm of Stahl Cowen Crowley Addis LLC to represent non-union retirees in Chrysler's bankruptcy proceedings in New York. Attorney Trent Cornell leads the team that has represented retirees in several other large bankruptcies, including recent cases involving Dana, Intermet and Delphi.

Cornell will petition the Bankruptcy Court this week in New York to form a Retiree Committee through Section 1114 of the bankruptcy code. Section 1114 was enacted by Congress in the wake of several high-profile bankruptcies where courts had allowed companies (notably LTV/Bethlehem Steel) to summarily cut the...

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Source: Hospital and Nursing Home Week (2009-05-21)

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