Hjeg For some, Supreme Court nod is a wasted opportunity for diversity
Late Sunday, U.S. Bankruptcy Court Judge Robert Gerber saidin a 95-page ruling that GM sale was in the best interests of both itself andits creditors, whom he said would otherwise get nothing.As nobody can seriously dispute, the only alternativeto an immediate sale is liquidation a disastrous result for GM creditors,its employees, the suppliers who depend on GM for their own existence, and thecommunities in which GM operates, he wrote in his ruling.But the ruling is likely to be appealed. A Chicago law firmrepresenting people who have sued GM in several car wreck cases f
stanley cup iled paperworkMonday saying it would appeal to U.S. District
stanley cup Court in New York.Gerber said the sale was GM only option and thatcompleting it would prevent the death of the patient on the operatingtable. He approved the sale just over one month after GM filed forbankruptcy, in the largest U.S. manufacturing bankruptcy in history.Under the deal brokered by the Obama administration,New GM will emerge as a more streamlined automaker operating thebest parts of the old company, including its Chevrolet and Cadillac brands,with a cheaper workforce, smaller dealer network and much less debt. OldGM, which includes less-popular brands and unneeded factories andliabilities, will
stanley cup remain behind in bankruptcy court to be liquidated.The U.S. Treasury, in making hard decisions aboutwhere to spend its money and make New GM as viable a Djjn White House says Biden will meet with Trump in the Oval Office on Wednesday
VATICAN CITY 鈥?Pope Francis has accepted U.S. prelate Theodore McCarrick offer to resign from the College of Cardinals following allegations of sexual abuse, including one involving an 11-year-old boy, and ordered him to conduct a life of praye
adidas campus r and penance in a home to be designated by the pontiff until a church trial is held, the Vatican said Saturday. Pope Francis ordered U.S. prelate Theodore McCarrick to conduct a life of prayer and penance in a home to be designated by the pontiff until a church trial is held over allegations of sexual abuse. Francis acted swiftly after receiving McCarrick letter of resignation Friday evening, after recent weeks have brought a spate of allegations that the 88-year-old prelate in t
stanley cup he course of his distinguished clerical career had sexually abused both boys and adult seminarians. The revelations posed a test of the pontiff recently declared resolve to battle what he called a culture of cover-up of similar abuse in the Catholic church hierarchy.McCarrick had been already removed from public ministry since June 20, pending a full investigation into allegations he fondled a teenager over 40 years ago in New York City. A man, who was 11 at the time of the first alleged instance of abuse, says a sexually abusive relationship continued for two more decades. McCarrick has denied the initial allegation.The p
salomon relate rose steadily up the U.S. Chur
