海口科技工业信息网 －Judge approves GM asset's sale Nbsp Dealtimeauto Fi New Mfsatvt5 2009 Asp Deal Time Auto

Judge approves GM asset's sale

发表时间:2009-7-6  来源:  作者：  人气:722

The U.S. flag flies at the Burt GM auto dealer in Denver June 1, 2009. A U.S. federal judge on Sunday approved the sale of General Motors Corp.'s assets to a new government-run company, clearing the way for GM to exit bankruptcy protection, according to media reports. (Xinhua/Reuters Photo)

A U.S. federal judge on Sunday approved the sale of General Motors Corp.'s assets to a new government-run company, clearing the way for GM to exit bankruptcy protection, according to media reports.

The decision by the judge, Robert E. Gerber of United States Bankruptcy Court in Manhattan, came after three days of hearings on the deal and 850 objections.

"Bankruptcy courts have the power to authorize sales of assets at a time when there still is value to preserve — to prevent the death of the patient on the operating table," Judge Gerber wrote.

z 海口科技工业信息网 －Judge approves GM asset's sale Nbsp Dealtimeauto Fi New Mfsatvt5 2009 Asp Deal Time Autod Time Time o 海口科技工业信息网 －Judge approves GM asset's sale Nbsp Dealtimeauto Fi New Mfsatvt5 2009 Asp Deal Time Autom Time Deal