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2 Jun 2009, 8:55 am
David Brooks has a generally smart column in today's Times about GM, in which he notes that the chapter 11 case can only resolve GM's operational and financial problems, it can't change GM's management. [read post]
13 Jul 2009, 5:51 am
This requirement does not include, however, the financial information required by Item 9.01 of each Form 8-K that is filed upon a purchase or sale of assets by Old GM.The letter also details the filing obligations of the new operating company, referred to as "New GM," after completion of its acquisition of the specified GM assets.. [read post]
15 Dec 2015, 12:09 pm by Pete Strom
GM Approves $594.5 million to Compensate 399 Victims of the Faulty Ignition Switches With the January deadline coming up quickly, GM’s ignition switch compensation fund has begun to issue financial compensation to hundreds of car accident victims and their families. [read post]
15 Dec 2015, 12:09 pm by Pete Strom
GM Approves $594.5 million to Compensate 399 Victims of the Faulty Ignition Switches With the January deadline coming up quickly, GM’s ignition switch compensation fund has begun to issue financial compensation to hundreds of car accident victims and their families. [read post]
25 Nov 2008, 3:29 pm
Is it only a company with a gigantic financial footprint - like a GM - that can handle the long term financial investments and exposure needed to run a defined benefit plan? [read post]
31 Oct 2009, 5:02 am
Since the start of the financial crisis, the U.S. government has put $50 billion into General Motors. [read post]
6 Mar 2009, 12:44 pm
In the recently issued March 4th financial year 2008 10-K annual SEC filing for General Motors Corporation, Deloitte & Touche, its public auditors surprised everyone by expressing serious doubt about GM's ability to continue as a going concern in their auditors opinion to GM's financial statements. [read post]
29 May 2009, 2:16 pm
All of those are long-standing criteria used by manufacturers to score financially successful dealership operations. [read post]
6 Oct 2014, 2:58 pm
 Contact us today to schedule a free evaluation at 215-717-8471, and let’s chart a course of action to help you and your family obtain the financial compensation you deserve. [read post]
2 Jun 2009, 10:27 am
Much hand-wringing has occurred over the government's large equity stake in GM (or, New GM) announced as part of its mostly prepackaged plan of reorganization, with of course "Government Motors" appearing on newscast graphics. [read post]
28 Jan 2012, 6:17 pm by Adam Levitin
A lot of GM/Chrysler creditors got paid very little, but the 363 sales enabled the firms' good assets to be reployed to companies that were not weighed down with tons of financial leverage and legacy liabilities (CBA terms, retiree benefits, dealerships). [read post]
14 Jul 2016, 9:59 pm by Adam Levitin
 It shows just how differently courts view matters when they are facing a financial crisis or not. [read post]
18 Oct 2017, 5:02 pm by Jim Higgins
One financial analyst says there is a finite risk which will require GM to reconsider buying back stock or paying out its Continue Reading [read post]
19 Mar 2011, 6:53 am
For years, GM and the UAW agreed not to do that, but in the wake of the company's financial crisis last year, the UAW and GM came up with an agreement to cut workers' compensation, consistent with state law, said Tom Wilkinson, a GM spokesman. [read post]
1 Sep 2014, 3:13 am by Jon Gelman
There is no financial cap on the program and everyone that meets stringent guidelines set by Feinberg are eligible for the program.Feinberg Rozen started accepting claims Aug. 1. [read post]
16 Apr 2015, 7:40 am by Joe Consumer
Yesterday the judge sided with GM and gave these victims a big “No,” in a decision that came “without warning, two minutes before the financial markets closed for the day. [read post]
13 Jul 2007, 1:45 pm
And given GM's precarious financial position, I'm not sure I'd go there - even in trucks, and even 25 years later.There's good reason to worry here, folks. [read post]
23 Nov 2022, 4:39 am by Jeremy Telman
Jordyn Grzelewski reports in The Detroit News that GM Financial has agreed to pay U.S military personnel $3.5 million to address breaches of lease agreements in violation of the Servicemembers Civil Relief Act (SCRA). [read post]
17 Feb 2017, 1:31 pm by Rebecca Tushnet
If the system did not actually provide any value to the vehicle, then Plaintiffs suffered financial injury through overpayment regardless of whether they relied on GM’s alleged misrepresentations. [read post]
23 Nov 2009, 8:32 am by UChicagoLaw
Harried people treat bankruptcy almost dismissively as a useful way of winding up firms that cannot keep their financial heads above water. [read post]