June 15th, 2009 by Reed Allmand 
According to an article in the Dallas Morning News, Texas Attorney General Greg Abbott is challenging post-bankruptcy plans GM has for its car dealerships. Abbott says he objects to GM bankruptcy plans for its dealerships because the plans violate Texas laws regulating dealer competition.
The article said:
Abbott said his concerns relate to GM’s proposed dealership agreements, which dealers must sign to keep selling GM cars. He contends the new agreements avoid Texas franchise laws, limit dealers’ ability to sell other types of cars, overrule current laws on where dealers can be located and limit warranty claims under current Texas law.
The Attorney General’s objections will be heard at a bankruptcy hearing on June 30 th. Abbott’s objection will only be the latest in a long line of objections designed to stop certain aspects of the GM bankruptcy. The bankrupt automaker hopes to emerge from bankruptcy within 30 – 90 days, which may be a bit ambitious considering the vastness of this company and complexity of their bankruptcy case.
About Reed Allmand
Allmand's vision is rooted in his own financially precarious childhood in Abilene "My father always had difficulty holding a job and supporting our family, so after my parents divorced when I was 12, my sister and I got jobs to help make ends meet," he recalls. "I remember what it felt like as a child to worry that our car would be repossessed or home foreclosed on."
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