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Gm Bankrup... Featured News
In First Report After Bankruptcy, G.M. Posts Loss
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General Motors Bankruptcy Filing - The New York Times
General Motors filed for bankruptcy protection on June 1, 2009, a move that is expected to result in a drastic downsizing of the company. Judge Robert E. Gerber is hearing the case in United...
A Primer on the G.M. Bankruptcy (Published 2009)
A. G.M. is able under bankruptcy to cancel franchise agreements with its dealers. It has already announced plans to eliminate 1,100 dealers and may cut more. The company wants those dealers...
Court authorizes closing of GM bankruptcy, ending historic ...
(March 19, 2021) - A New York bankruptcy judge has authorized closing the last bankruptcy case involving General Motors Corp., concluding one of the largest Chapter 11 bankruptcies ever. In re Motors Liquidation Co.et al., No. 09-50026, (Bankr. S.D.N.Y. Mar. 16, 2021).
How General Motors Was Really Saved: The Untold True ... - Forbes
On June 1, 2009 General Motors filed for bankruptcy in New York, with $82 billion in assets and $173 billion in liabilities. It was the largest industrial bankruptcy in history.
General Motors Chapter 11 reorganization - Wikipedia
GM filed for Chapter 11 reorganization in the Manhattan New York federal bankruptcy court on June 1, 2009, at approximately 8:00 am EDT. June 1, 2009, was the deadline to supply an acceptable viability plan to the U.S. Treasury. The filing reported US$82.29 billion in assets and US$172.81 billion in debt.
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