Bloomberg reports that General Motor submitted a request to a judge overseeing Delphi's bankruptcy case to adjourn the hearings for up to two months. The latter are scheduled to begin on May 24.
According to GM spokesperson Jerry Dubrowski, the automaker asked for the request so that it, Delphi, and the unions can continue working on a compromise to Delphi's request to void its union contracts. The unions have threatened to strike if the judge gives the option to the bankrupt part supplier.
[Source: Bloomberg]
According to GM spokesperson Jerry Dubrowski, the automaker asked for the request so that it, Delphi, and the unions can continue working on a compromise to Delphi's request to void its union contracts. The unions have threatened to strike if the judge gives the option to the bankrupt part supplier.
[Source: Bloomberg]
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