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By Doug Cunningham

The sale of key Chrysler assets to Fiat is on hold today, awaiting a U.S. Supreme Court decision on whether or not it will hear an appeal to stop the sale. Some Indiana pension funds that hold Chrysler bonds filed an appeal with the U.S. Circuit Court of Appeals, alleging some illegalities in the way the Chrysler bankruptcy is treating bond debt holders. The Chrysler sale to Fiat must happen to keep the company’s structured bankruptcy plan on track. The sale will go ahead unless the Supreme Court intervenes today.