NEW YORK — The judge overseeing Delphi's bankruptcy case is expected to rule today on the auto supplier's plan to hand control of the company to its lenders and eventually end its nearly four-year stay in Chapter 11.

After an eight-hour-long court session Wednesday in which nearly all objections to Delphi's plan were either withdrawn or dismissed, U.S. Judge Robert Drain indicated that he will approve the plan. If approved it would pave the way for Delphi to soon emerge from bankruptcy protection.

The company has set a target date of Aug. 31 and expects to be out of Chapter 11 by Sept. 30, Delphi attorney Jack Butler said.

Nearly 2,000 objections — including about 1,400 from Delphi workers and retirees worried about the future of their pensions — were filed against the plan, though many had been resolved before the start of the hearing.

Delphi, which was GM's parts division before being spun off in 1999, still produces about 10 percent of the parts used in GM's global production and its components go into nearly all of GM's North American production lines.