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Bankruptcy Judge OKs Holley's 1st-Day Motions

Law360, New York (September 30, 2009) -- Holley Performance Products Holdings Inc., a bankrupt race car parts supplier, has won approval of its first-day motions, including bids to pay workers' prepetition wages and honor roughly $2.5 million in prebankruptcy obligations to customers.

Judge Peter J. Walsh of the U.S. Bankruptcy Court for the District of Delaware signed off on Holley's first-day motions Sept. 29....

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