(EMAILWIRE.COM, May 05, 2009 ) FAIRLESS HILLS, Pa. -- May 5, 2009 -- Bankruptcy Creditors' Service, Inc., published Issue No. 3 of CHRYSLER BANKRUPTCY NEWS today. The 55-page newsletter contains stories with these headlines:

[00053] U.S. TRUSTEE SETS MAY 5 MEETING TO FORM COMMITTEE
[00054] DEBTORS' MOTION TO SELL SUBSTANTIALLY ALL ASSETS TO FIAT
[00055] DEBTORS' MOTION TO OBTAIN $4.5 BILLION DIP FINANCING
[00056] DEBTORS' MOTION TO APPROVE GMAC AUTO FINANCING AGREEMENT
[00057] DEBTORS' MOTION TO PROTECT POSSESSORY LIENHOLDERS
[00058] DEBTORS' MOTION TO PAY PREPETITION SUPPLIERS CLAIMS
[00059] DEBTORS' MOTION TO PAY PREPETITION LIENHOLDERS' CLAIMS
[00060] DEBTORS' MOTION TO EMPLOY ORDINARY COURSE PROFESSIONALS
[00061] DEBTORS' MOTION TO PAY PREPETITION SALES AND USE TAXES
[00062] DEBTORS' MOTION TO PAY PREPETITION CUSTOMER OBLIGATIONS
[00063] DEBTORS' MOTION TO EXTEND DEADLINE TO FILE SCHEDULES
[00064] DEBTORS' MOTION TO CONFIRM OBLIGATION STATUS TO SUPPLIERS
[00065] DEBTORS' MOTION TO CONTINUE USING CASH MANAGEMENT SYSTEM
[00066] DEBTORS' MOTION TO MAINTAIN EXISTING BANK ACCOUNTS
[00067] DEBTORS' MOTION TO USE EXISTING BUSINESS FORMS
[00068] DEBTORS' MOTION TO CONTINUE INTERCOMPANY TRANSACTIONS
[00069] DEBTORS' MOTION TO WAIVE SECTION 345 DEPOSIT REQUIREMENTS
[00070] DEBTORS' MOTION TO ENFORCE AUTOMATIC STAY ON CREDITORS
[00071] DEBTORS' 1ST OMNIBUS MOTION TO REJECT REAL PROPERTY LEASE
[00072] DEBTORS' APPLICATION TO HIRE CAPSTONE AS FIN.'L ADVISOR
[00073] DEBTORS' APPLICATION TO EMPLOY EPIQ AS CLAIMS AGENT
[00074] PARTIES FILE NOTICES OF APPEARANCE
[00075] SAA ANALYSTS WARNS OF INCREASED SUPPLIER BANKRUPTCIES
[00076] CHRYSLER SALARIED RETIREES WILL DEFEND THEIR BENEFITS
[00077] CHRYSLER PRESIDENT TOM LASORDA RETIRES FROM POST
[00078] CHRYSLER LLC GETS COURT NOD ON "FIRST-DAY MOTIONS"
[00079] CHRYSLER LLC REPORTS 48% DROP IN APRIL 2009 U.S. SALES
[00080] CHRYSLER FINANCIAL REMAINS FOCUSED ON RUNNING BUSINESS
[00081] BCBSM AND BCN LAUNCH WEB SITES FOR CHRYSLER HEALTH CARE
[00082] 1-800 PROJECTS 1 MIL. CHRYSLER COOLING PARTS REPLACEMENTS
[00083] FITCH: CHRYSLER CH. 11 A LIMITED CONCERN FOR AUTO ABS
[00084] MOODY'S: COMMENTS ON IMPLICATIONS OF CHRYSLER'S CHAP. 11

A copy of today's newsletter can be purchased on-line with a major credit card at https://ecommerce.bankrupt.com/bin/ibl_re?co_name=CHRYSLER for $45. Copies of all back issues are also available for purchase at BCSI's on-line newsstand.

CHRYSLER BANKRUPTCY NEWS tracks the restructuring of Chrysler LLC.

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CHRYSLER BANKRUPTCY NEWS is distributed to paying subscribers by electronic mail. New issues are published on an ad hoc basis as significant activity occurs (generally every 10 to 20 days) in the Debtors' cases. The subscription rate is $45 per issue. Newsletters are delivered via e-mail; invoices, transmitted following publication of each newsletter issue, arrive by fax. Distribution to multiple individuals at the same firm is provided at no additional charge; folks outside of your firm should set-up and pay for their own subscriptions. Subscriptions may be canceled at any time without further obligation.

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Contact Information:
Bankruptcy Creditors' Service, Inc.
Peter A. Chapman
Tel: (215) 945-7000
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