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Delphi plan investment, plan framework and support agreement hearing postponed to Jan. 11
By Caroline Salls
Pittsburgh, Dec. 22 - Delphi Corp.'s hearing on approval of its plan investment and plan framework and support agreement was postponed to Jan. 11 from Jan. 5, according to a Friday filing with the U.S. Bankruptcy Court for the Southern District of New York.
The hearing on the company's debtor-in-possession facility refinancing motion was also postponed to Jan. 11.
The hearings were adjourned following a meeting Thursday between Delphi's official committee of unsecured creditors, official committee of equity security holders and trade committee, as well as General Motors Corp., Appaloosa Management LP and Cerberus Capital Management, LP regarding discovery requests.
The court also held a chambers conference on Thursday regarding discovery disputes.
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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