Old GM Judge Nixes Trust's Bid For $13.5M In Cleanup Costs

Law360, New York (May 02, 2013, 4:23 PM ET) -- A New York bankruptcy judge on Wednesday denied a request by an environmental trust established as part of the old General Motors Corp.'s wind-down process for another $13.5 million from the estate to clean up its contaminated properties.

The Revitalizing Auto Communities Environmental Response Trust sought the additional $13.5 million from Motors Liquidation Co., or Old GM, which was created to take on GM's bad assets and liabilities when the car company reorganized in 2009. Old GM's liquidation plan called for it to contribute $625.2 million...
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