Oct 11

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Blog Post: GM Trust Appeals Judge's $1.5B Loan Row Asset Valuations

by Anonymous

A General Motors creditors’ trust on Tuesday asked to appeal a bankruptcy judge’s ruling in a bellwether case on the nature and value of security interests in GM plant assets related to a $1.5 billion term loan, saying that the findings overlook the federal government’s role as savior to the manufacturer in 2009.
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