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“While we hope that in the end, GM will emergwe stronger and more resilient,” Cordray said in a “we cannot let big-business bankruptciesa in federal court trample over state Much like theChrysler sale, Cordray’xs objections involve issues over compensation benefits liability and reconciling the bankruptcy with statse law regulating automobile dealerships. GM has notified 1,324 dealerships that they will not have theif franchiseagreement renewed, including 79 in Ohio. Individuall dealerships haven’t been publicluy disclosed.
Cordray also filed a limited objection over the effect it coulr haveon Ohio’s Lemon Law and tax refunds owed to the statre Taxation Department.
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