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Cars Blog

Judge denies motion to fast-track GM sale appeal

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July 8, 2009 10:48 am
By Peter C. T. Elsworth

NEW YORK -- The sale of most of General Motors' assets is moving closer to completion, after a bankruptcy judge denied motions by groups with asbestos and injury-related claims seeking to halt the sale and appeal directly to the 2nd Circuit Court of Appeals, according to The Associated Press.

The sale remains scheduled to close by July 10.

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