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Judge Suggests Daewoo Unit Can’t Block Rivals

From Bloomberg News

It is unlikely that Daewoo Motor America Inc., the bankrupt sales unit of insolvent Daewoo Motor Co., would be allowed to block General Motors Corp. and Suzuki Motor Corp. from selling Daewoo vehicles in the U.S. under their own brand names, a judge indicated.

U.S. Bankruptcy Judge Sheri Bluebond in Los Angeles said she probably would deny Daewoo’s request for a temporary restraining order, Suzuki spokeswoman Celeste Speier said. General Motors spokesman Jerry Dubrowski also confirmed the ruling.


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