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Day Three of GM Bankruptcy Court

General Motors is before U.S. District Bankruptcy Judge Robert Gerber for the third - and likely last - day of hearings on the sale of the automaker's assets to a new, government-owned GM.

Today, those opposing certain aspects of the sale will continue presenting their closing arguments.

The Obama administration is aiming to complete the restructuring of the largest U.S. automaker in as little as 30 to 40 days, a Treasury official testified Wednesday. Today is Day 32.

--Tomoeh Murakami Tse

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    By washingtonpost.com Editor  |  July 2, 2009; 8:45 AM ET
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