A bankruptcy judge certified the sale of the bulk of the assets of Chrysler LLC to a group led by Fiat SpA (FIATY), paving the way for a challenge of the sale order to be heard by the U.S. Second Circuit Court of Appeals.
In an order Tuesday, U.S. Bankruptcy Judge Arthur Gonzalez in Manhattan found the sale order should be heard by the Second Circuit, skipping the usual path of having the case first reviewed by a U.S. district judge. Gonzalez approved the sale late Sunday.