Sunday, November 22,  8:01 am

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General Motors Corp. interim chief executive Fritz Henderson fielded questions from attorneys for almost six hours on Tuesday, but ultimately a New York judge didn't approve the sale of a majority of the bankrupt automaker's assets and was to reconvene a hearing on the transaction Wednesday.

With Judge Robert Gerber of the U.S. Bankruptcy Court for the Southern District of New York presiding, Henderson sat patiently on the witness stand as attorneys for unsecured bondholders, union employees, tort litigants, product liability and asbestos claimants, and the official committee of unsecured creditors grilled the chief executive on GM's negotiations with the U.S. Department of the Treasury in the weeks before and after the company's June 1 bankruptcy filing. A Treasury-backed acquisition vehicle is buying the GM assets.



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