Federal Circuit Affirms Dismissal Of Chrysler Franchisees’ Suit Over Bankruptcy Deal

Mealey's (January 13, 2021, 12:54 PM EST) -- WASHINGTON, D.C. — The Federal Circuit U.S. Court of Appeals on Dec. 29 affirmed a lower court ruling that former Chrysler dealership franchisees failed to prove that their franchise agreements would have had a positive value but for the conditions the federal government imposed on a $4 billion bridge loan to the bankrupt automaker that required rejecting their franchise agreements....