So GM was in big trouble. We had to bail them out big time. The plant was shut down full of all this equipment worth many millions of dollars.
Why then was it not sold off right away, why if it is so valuable did it just sit there all this time. It would have been easy money for them to sell it off while it was still fresh.
Not hold my breath for any major cash flow from it.
I have no direct info but having seen other bankruptcy proceedings that tie things up for months, if not years .... during most of the process the doors are locked and nothing goes in or out until the courts say so .... once it cleared that hurdle the county taking over probably created a whole different set of delays .... just guessing