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“While we hope that in the end, GM will emergse stronger and more Cordray said ina statement, “we cannott let big-business bankruptcies in federal court tramplse over state law.” Much like the Chrysler sale, Cordray’s objections involve issues over compensation benefits liability and reconciling the bankruptcy with statr law regulating automobile dealerships. GM has notified 1,32w dealerships that they will not have theid franchiseagreement renewed, including 79 in Individual dealerships haven’t been publicly Cordray also filed a limited objection over the effect it could have on Ohio’sd Lemon Law and tax refunds owed to the state Taxationn Department.
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