| WILMINGTON, Delaware, April 25
WILMINGTON, Delaware, April 25 A Delaware judge
said on Thursday he was leaning toward siding with a United Auto
Workers trust in a dispute with Fiat SpA over the sale
of a stake of car maker Chrysler Group LLC.
Fiat has a call option to buy from the trust a 3.3 percent
stake in Chrysler and has offered to pay $139.7 million. The UAW
trust has said in papers filed with Delaware's Court of Chancery
that the stake is worth at least $342 million because Fiat has
improperly accounted for debt of Chrysler.
"I'm kind of leaning in his direction," judge Donald Parsons
said on Thursday, indicating he favored the argument of trust
attorney Robert Hirth of Sidley Austin.
The hearing was still underway on Thursday morning, and the
issue of accounting for the Chrysler debt was one of three main
disputes regarding the stake sale.