Old Carco LLC, (f/k/a Chrysler LLC)

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Case overview

Case Number:

1:09-bk-50002

Court:

New York Southern

Nature of Suit:

Firms

Companies

Government Agencies

Sectors & Industries:

March 16, 2018
Chrysler Slips Punitive Damages Claim In Ch. 11 Ruling

A New York bankruptcy judge on Thursday dismissed a punitive damages claim from a suit over a 2014 car crash involving a Fiat Chrysler vehicle, saying the claim is barred by a 2009 sale order for Old Chrysler after its bankruptcy.
May 18, 2016
Fiat Chrysler Pushes For Final Blow To Indiana's Excess Taxes

Fiat Chrysler pressed a New York bankruptcy court Tuesday to enforce a sale order that allowed it to leave behind certain pre-bankruptcy liabilities, saying Indiana had not identified any remaining issues standing in the way of ending a long-running dispute over the calculation of unemployment insurance taxes.
April 15, 2016
Fiat Chrysler Says Bankruptcy Sale Blocks Excess Ind. Taxes

Fiat Chrysler urged a New York bankruptcy court Thursday to enforce a sale order that allowed it to leave behind certain pre-bankruptcy liabilities, arguing that Indiana is violating the order by forcing it to overpay unemployment taxes by millions of dollars a year.
September 22, 2015
JPMorgan Scoops Up Millions In Chrysler Tax Refunds

JPMorgan Chase Bank NA has scored the bulk of more than $24 million in 2009 federal and state tax refunds from old Chrysler's liquidation trust, inking a settlement with the U.S. Department of Treasury and Export Development Canada, according to an order issued Tuesday.
May 28, 2015
Old Chrysler Squashes Clutch Maker's Adversary Suit

Auto parts manufacturer FTE Automotive USA Inc. failed Thursday in a bid for declaratory judgment in New York federal court that it doesn't have to provide liability insurance to Old Chrysler in a proposed class action in Texas over allegedly defective clutches FTE sold to the automaker before it went bankrupt.
April 14, 2015
Ch. 11 Judge Frees TRW Of Chrysler Steering Defect Liability

Global auto parts maker TRW Automotive Holdings Corp. was freed of any responsibility to indemnify old Chrysler's liquidation trust in a class action over allegedly defective steering systems on Monday after a New York bankruptcy judge found that a cure agreement had assigned the claims to the post-bankruptcy iteration of Chrysler.
February 09, 2015
Chrysler Says 3 States Can't Stop $50M Tax Clawback

Chrysler Group LLC on Friday urged a New York federal judge to enforce a 2009 sale order that allowed it to leave behind certain pre-bankruptcy liabilities and emerge from Chapter 11 protection, slamming a "last ditch" effort by three states to block its bid to claw back over $50 million in unemployment insurance taxes.
December 10, 2014
JPMorgan Not Due $24M In Chrysler Tax Money, Treasury Says

The U.S. Treasury Department told a New York bankruptcy judge Wednesday that JPMorgan Chase Bank NA has no right to $24 million in Chrysler Group LLC's old bankruptcy trustee's 2008-09 tax refunds, overpayments and deposits, because the bank lacks a perfected security interest in the tax receipts.
December 05, 2014
Chrysler Wins Reversal On $50M Ch. 11 Tax Dispute

A New York federal judge has reinstated Chrysler Group LLC's attempt to claw back more than $50 million that three Midwestern states have collected in unemployment insurance taxes that the carmaker says it was freed from by virtue of its 2009 trip through Chapter 11.
September 19, 2014
JPMorgan Demands $35M In Refunds For Chrysler First-Liens

JPMorgan Chase Bank NA asked a New York bankruptcy court to force Chrysler's old bankruptcy trustee to pay out $35 million in 2009 tax refunds, saying the money is fair game as proceeds from the few assets that Fiat SpA didn't purchase in the bankruptcy.

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