Judge Nixes GM's Bid To Adjourn Delphi Hearings

Law360, New York (May 25, 2006, 12:00 AM EDT) -- The judge overseeing auto parts maker Delphi Corp.’s bankruptcy proceedings in Manhattan has brushed aside General Motors Corp.’s request to adjourn the proceedings for 60 days, saying in court that the proceedings need to retain a semblance of structure.

GM sent a letter to U.S. Bankruptcy Judge Robert Drain on Tuesday, asking for a postponement of the ongoing hearings on Delphi’s motions to reject its labor contracts and modify retirement benefits in an attempt to stave off a strike at Delphi. Since Delphi supplies many of...
To view the full article, register now.