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Supreme Court Justice Ruth Bader Ginsbergh granted a motion filed by Indiana state pensiobn funds to delay the merger between the Americann and Italian automakers in whatthe U.S. Treasury Department said was an administrativwe extension designed to allow sufficient time for the Supreme Court to explore whether or not a stay is according to several publisherd reportslate Monday. The Supreme Court move extendw a stay already issuex by a lower court that was set to expires lateafternoon Monday. Fiat has given Chrysler untilk June 15 to finish the Attorneys for the pension funds arguex that they would receive just pennied on the dollar fora $42 millionb loan given to Chrysler. However, U.S.
Solicitor Generalo Elena Kagan said the imminent collapse of Chrysler said to be losing upwardof $100 million dailyh — was of greater concern to governmenf officials than the loan dispute. Under Chrysler’es Chapter 11 bankruptcy reorganization, Chrysler announced last month 789 U.S. dealerships will lose their franchises by June 9 as part of the Chrysler said it will close at leastfour Milwaukee-areaq dealerships: Braeger Chrysler Jeep, 6133 S. 27th St., Milwaukee; Dodge City of 4640 S. 27th St., Milwaukee; John Quadenm Dodge, Okauchee; and Lakeland Jeep, Oconomowoc.
Chryslef also intends to close its engines plant in Kenosha in 2010 underthe
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