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Article: Courts deny Daewoo dealers; Judges uphold GM, send cases to U.S. Bankruptcy Court.(Daewoo Motor Co., General Motors Corp.)(Brief Article)
- Article from:
- Automotive News
- Article date:
- July 29, 2002
- Author:
CopyrightCOPYRIGHT 2002 Crain Communications, Inc. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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In a potentially significant victory for General Motors, federal judges in Florida and Texas ruled last week that actions brought by Daewoo dealers against the automaker belong in U.S. Bankruptcy Court, not the states.
The decision puts the case before Judge Kathleen March in the U.S. Bankruptcy Court for the Central District of California in Los Angeles. A hearing date had not been set as of Friday, July 26.
Barring a successful appeal by the dealers, last week's decision means the automaker will not have to argue its case in the more politically charged atmosphere of a state court or regulatory hearing.
In May, 23 Florida Daewoo dealers and 14 ...