Delphi in talks to resolve bankruptcy case

Newswire

* Delphi negotiating deal with GM, Treasury * Seeking extension, waiver from lenders DETROIT, May 29 (Reuters) - Auto parts supplier Delphi Corp said on Friday it was in talks with former parent General Motors Corp and the U.S. Treasury to reach a resolution to its Chapter 11 bankruptcy case before June 1. Delphi, which filed for bankruptcy in 2005, said in a filing with the U.S. Securities and Exchange Commission that it needed to reach a funding agreement with GM to continue to use ...

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