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Judge Affirms Feds' $15M Infusion Into GM Litigation Trust

By Ryan Boysen (August 16, 2017, 8:41 PM EDT) -- Old GM's unsecured creditors were right to accept a $15 million loan from Uncle Sam to pursue a $1.5 billion avoidance action over a prebankruptcy loan that was left unsecured thanks to a paralegal's mistake, a New York federal court said as it overruled one creditor's objection to the agreement....

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