Creditors to fight GM right to Delphi assets - WSJ


NEW YORK, March 24 (Reuters) - The committee of Delphi Corp's unsecured creditors plans to challenge the right of General Motors Corp. to claim future reimbursement for money the auto maker pays in benefits to the parts maker's unionized work force, The Wall Street Journal said on Friday. Delphi, which filed the biggest bankruptcy in U.S. automotive history in October, was spun off from General Motors in 1999. GM has estimated it could have to pay Delphi-related employee benefits of ...

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