Bankruptcy Judge Kevin Carey said yesterday that A123 Systems Inc.'s unsecured creditors can begin voting on the failed battery maker's liquidation plan that proposes to pay them about 65 cents on the dollar, but offers no repayment of some $133 million worth of government-funded grants, Dow Jones Daily Bankruptcy Review reported today. A123 filed for bankruptcy in October and sold its automotive battery business for $256.6 million to Wanxiang America, a subsidiary of China's Wanxiang Group, at a bankruptcy court auction.
