Chrysler Group LLC will notify its 789 shuttered dealers that it is complying with a new federal law requiring arbitration for dealers who want to challenge the closings says California Business Attorney Steven C. Peck.
Chrysler said Sunday that the company is "complying with the law and will continue to do so," spokeswoman Kathy Graham said.
Chrysler sent letters required under the law on Dec. 23 giving Chrysler dealers the contact address for all correspondence during the arbitration process says California Business Lawyer Steven C. Peck.
Starting MondayJanuary 11, 2010, the 789 closed dealers "will receive an additional letter which gives information about the legislation, the arbitration process and criteria used overall to determine what contracts were rejected, as well as how it applied to the dealer individually." Peck Says.
But Chrysler hasn't given up its right to fight the measure in court.
"We have made no decision on whether or not to challenge the law, in the mean time we are complying with the legislation and dealers have been notified where to send correspondence concerning arbitration".
Contact Steven Peck's Premier Legal toll free at 1.866.999.9085 to talk to an experienced Los Angeles, California Business Attorney and visit us on-line at www.premierlegal.org.
