WASHINGTON, D.C. — U.S. Supreme Court Justice Ruth Bader Ginsburg has issued an order to stay the sale of Chrysler LLC to Fiat Group, following an appeal issued last week by a group of three Indiana-based pension funds that includes 45 secured lenders to Chrysler. 
The Indiana pensioners believe the Fiat-Chrysler deal violated their rights when the interests of taxpayers and the UAW’s retiree health care trust were given priority over them. The group also believes Chrysler should have been liquidated in order to pay off its secured lenders.
Fiat has the right to terminate the deal before June 15. Despite Ginsburg’s ruling, Fiat leaders have said they are willing to continue pursuing the merger even beyond the June 15 deadline.
