Court Pushes Back Deadline On Old GM's Exit Plan

Law360, New York (September 16, 2009, 3:08 PM EDT) -- The company holding the unsold assets of fallen auto giant General Motors Corp., still languishing in bankruptcy court under the name Motors Liquidation Co., has won a request to push back the deadline on its exclusive Chapter 11 plan filing period to January.

U.S. Bankruptcy Judge Robert E. Gerber of the U.S. Bankruptcy Court for the Southern District of New York entered an order on Monday granting Motors Liquidation Co.'s motion to push back its exclusive Chapter 11 plan filing and solicitation period deadlines to Jan....
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