Delphi Vows to Protect UK-Based Status, Fight IRS
The IRS points to Delphi's acquisition of certain assets of the old Delphi pursuant to its bankruptcy plan as reason that the company should be treated like a U.S.-based company. The company, a part of General Motors Co. GM -0.32% General Motors Co.
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Bankruptcy court approves Fisker sale to Chinese firm
A bankruptcy court has approved the sale of one-time star electric carmaker Fisker Automotive to the Chinese auto parts group Wanxiang, the US firm said Monday. California-based Fisker said it received approval from the bankruptcy court in Delaware of …
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