Delphi Corp.’s shareholder committee reportedly files a motion in U.S. Bankruptcy Court in New York seeking permission to sue General Motors Corp., which it says owes the parts maker some $26 billion due to unfavorable conditions surrounding GM’s 1999 spin off of the supplier. The filing is aimed at stopping a similar but smaller lawsuit that Delphi’s creditors committee intends to file against GM, in which it seeks to recover financial assets from the parts maker when it emerges from ...
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