New GM

GM awaits judge’s ruling on sale

New York, July 3: The ball is in the court of U.S. Bankruptcy Judge Robert Gerber. After three full days of court hearings, wherein lawyers for General Motor Corp. (Pink Sheets: GMGMQ, OTCBB: GMGMQ) locked horns with lawyers representing creditors who are resisting the Detroit automaker’s reorganization plans, it is left to the federal judge to decide the fate of GM.