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GM Creditors' Trust Gets OK To Spend $10M For 2017 Costs

By Alex Wolf (February 22, 2017, 4:18 PM EST) -- A New York bankruptcy judge on Tuesday authorized General Motors' general unsecured creditors' trust to use nearly $10 million of distributable cash to satisfy administrative and reporting costs estimated for the 2017 calendar year, and extended the life of the trust through the first quarter of 2018....

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