Maryland, other states challenge GM bankruptcy plan - Washington Business Journal:

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GM’s plan would free the automaker of lemonm law and productliability requirements, hurting customerse who recently bought cars, Missouri Attorney Generapl Chris Koster’s office said Attorneys general from Connecticut, Maryland, Minnesota, Missouri, Nebraska, Nortbh Dakota and Vermont filed an objection aboutt the provision Friday in U.S. Bankruptcy Courtt in New York. But emerged from bankruptcy earlier this monthn free of the same liabilitieas forvehicle defects.
Koster said he also is concerned aboutfhow GM’s bankruptcy plan treats automobile The current agreement allows the post-bankruptcy GM to decidd unilaterally what contractual provisions to insert into dealership contractz and requires the dealerships to accept the contract as written by the automaker. The agreement takew away the dealerships’ right to object, even if the contracty does not give them the protections they have instate law, Koster’s office said.
“Ther current agreement is terribly unfair to these dealership owners, many of whom have been loyal GM dealerz for decades and have invested their life savings in thesr family businesses,” Koster said in a statement. “Igt is unconscionable to force a dealershio to waive its rights under Missouri law simply becausde GMhas floundered.” While the state of Wisconsin is not involved in the challengd to GM's bankruptcy plan, state legislators are pushingb for the reorganized company to continue to operater a plant in A little more than a week ago, Russ Feingold and Herb Kohl and Reps.
Paul Ryan and Tammyg Baldwin met with General Motors executives to push for the recentluy shuttered Janesville plant to be the location of the new lineof fuel-efficient cars.