Foley Partner Thomas Spillane was quoted in an article that appeared on Bankruptcy Law360 on April 30, 2009 titled “Speedy Chrysler Ch. 11 A Pipe Dream: Experts.” Spillane discusses the Chapter 11 petition filed by Chrysler LLC, noting that it is essential that Chrysler set up some kind of program to support suppliers who might face bankruptcy themselves if they are not paid on their prepetition receivables.
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