GM Bankruptcy Opponents Get No Love In Court

July 8, 2009
Judge Robert Gerber

Judge Robert Gerber

Enlarge Photo

On Monday, we told you that Judge Robert Gerber had given General Motors the OK to sell off its bad assets and lump the good ones into a new company. When he announced that decision on Sunday evening, Gerber instituted a four-day stay on the ruling to give plaintiffs time to file appeals. So far, two groups of litigants have done so--one of which wanted to leapfrog Gerber and go straight to the U.S. Court of Appeals. Both got the smackdown. In other words: tomorrow's looking like a great day for the General. [Freep]

2017
The Car Connection
See the winners »
2017
The Car Connection
Commenting is closed for this article
 
Ratings and Reviews
Rate and review your car for The Car Connection
Review your car
The Car Connection Daily Headlines
I agree to receive emails from the site. I can withdraw my consent at any time by unsubscribing.
Thank you! Please check your email for confirmation.