I am writing today to announce the closure of the Michigan Messenger. After four years of operation in Michigan, the board of the American Independent News Network, has decided to shift publication of its news into a single site, The American Independent at Americanindependent.com. This is part of a shift in strategy, towards new forms [...]
An abstinence-only presentation provided to numerous school districts in Calhoun and Eaton Counties in October of this year provided false and misleading information to students about HIV, experts allege.
Two county registers of deeds filed a class action lawsuit Monday on behalf of Michigan’s 83 counties alleging that the Mortgage Electronic Registration Services owes millions of dollars in property title transfer taxes.
Despite evidence of the impact of mercury on children and public health, Michigan Attorney General Bill Schuette last month joined with 24 other state attorneys general in filing a lawsuit to scuttle new EPA regulations that would reduce mercury emissions from power plants.
How about a little good news amid the doom and gloom? As General Motors enters bankruptcy, Chrysler prepares to leave the restructuring process and get their factories up and running again within weeks. Automotive News reports:
Now that the federal government will own significant stakes in both of their main American competitors, Ford is raising legitimate questions about how those relationships may distort the automobile market and work against their own financial health. Automotive News reports on some of those concerns.
In a move that has been anticipated for the past week, U.S. Bankruptcy Judge Arthur Gonzales has overridden hundreds of objections and approved the sale of most of Chrysler’s assets to a new company that combines Chrysler and Italian automaker Fiat with the federal government and the UAW holding significant stakes in the new enterprise:
Even as the U.S. Bankruptcy Court continues to hear objections to the sale of Chrysler’s assets to a new company led by Fiat, the UAW and the federal government, Chrysler’s CEO expects the sale to be finalized as early as Friday. Automotive News reports:
A federal judge has rejected a legal challenge filed by the Indiana state pension system seeking to bring the bankruptcy proceedings for Chrysler to a halt so their lawsuit could be heard.
Fiat, the Italian automaker whose partnership with Chrysler is the key to the future emergence of the company as a profitable enterprise once again, has asked the U.S. Bankruptcy Court not to allow a suit filed by the Indiana pension system to delay approval of the sale of Chrysler’s assets to a new Chrysler/Fiat partnership. [...]
Automotive News reports that the sale of Chrysler assets to Fiat and the establishment of a new company to emerge out of bankruptcy proceedings could be approved by the U.S. Bankruptcy Court as early as Wednesday:
A group of 300 Chrysler dealers who have been notified that their franchise contracts will be terminated when the company emerges from bankruptcy is asking the judge in the case to put the proceedings on hold so they can challenge the proposed restructuring plan. Automotive News reports:
Chrysler intends to continue using 92% of its suppliers with the new company that will emerge from bankruptcy proceedings and it intends to pay those suppliers for work done to this point for the old company out of debtor-in-possession funds provided by the government. Automotive News reports:
Thousands of Chrysler retirees who are not covered under the Voluntary Employee Beneficiary Association, the union-run healthcare trust fund, can breathe a little easier today. The company said that it plans to transfer their health insurance programs to the new Fiat/Chrysler company that will emerge from Chapter 11 restructuring. Automotive News reports:
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