Legal Opinion
In re Old Carco LLC
United States Bankruptcy Court, S.D. New York
Decided November 1, 2018No. Case No. 09-50002 (SMB) Jointly AdministeredPublishedCited by 3 opinions
1Opinion of the Court
STUART M. BERNSTEIN, United States Bankruptcy Judge
This case, which arises out of a fatal motor vehicle accident, involves the clash between Alabama law, which limits the recovery in wrongful death actions to punitive damages, and the terms of a Court-approved section 363 sale, which excludes the defendant's liability for punitive damages. FCA US LLC f/k/a/ Chrysler Group LLC ("New Chrysler") moves to enforce the Court's Order (I) Authorizing the Sale of Substantially All of the Debtors' Assets Free and Clear of All Liens, Claims, Interests and Encumbrances, (II) Authorizing the Assumption…
2Cases cited51 opinions
- W.W.W. Associates, Inc. v. GiancontieriNew York Court of Appeals · 1990
- Greenfield v. Philles Records, Inc.New York Court of Appeals · 2002
- Travelers Indemnity Co. v. BaileySupreme Court of the United States · 2009
- Hunt Ltd. v. Lifschultz Fast Freight, Inc.Court of Appeals for the Second Circuit · 1989
- JA Apparel Corp. v. AbboudCourt of Appeals for the Second Circuit · 2009
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3Cited by3 opinions
- Old Carco LLC, (f/k/a Chrysler LLC)United States Bankruptcy Court, S.D. New York · 2020
- Old Carco LLC, (f/k/a Chrysler LLC)United States Bankruptcy Court, S.D. New York · 2022
- Old Market Group Holdings Corp.United States Bankruptcy Court, S.D. New York · 2022