BBC Busines News is reporting that pension funds opposed to Chrysler’s sale to Fiat have asked the US Supreme Court to block the deal immediately.
Three Indiana state pension and construction funds filed papers at the court on Sunday calling for the sale to be halted so they can pursue an appeal.
It comes after a US appeals court approved Chrysler’s sale to a group led by Fiat, a union-aligned trust and the US and Canadian governments.
Chrysler entered bankruptcy protection in April after falling vehicle sales.
US carmakers have suffered from a massive slump in sales during the recession. Full story…