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Delphi CBA rejection, GM contract rejection hearings adjourned to allow further discussions
By Caroline Salls
Pittsburgh, Sept. 15 - Delphi Corp.'s contested hearings on its motions to reject collective bargaining agreements and modify retiree benefits and for authority to reject some commercial contracts with General Motors Corp. have been adjourned to allow continued discussion on the issues, according to a company news release.
The CBA rejection motion hearing was previously scheduled to resume on Sept. 18, and the GM motion hearing on Sept. 28.
The U.S. Bankruptcy Court for the Southern District of New York has scheduled chambers conferences on Sept. 28 for status and scheduling purposes.
According to the release, the adjournments follow a Thursday chambers conference and meetings between Delphi and its major stakeholders, including its statutory committees, labor unions and GM.
Delphi, a Troy, Mich.-based automotive electronics manufacturer, filed for bankruptcy on Oct. 8, 2005. Its Chapter 11 case number is 05-44481.
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