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22 May 2009, 11:26 am
Twenty House lawmakers sent a letter to Treasury Secretary Timothy Geithner on Friday, arguing that the Obama administration is unfairly favoring General Motors' workers over its bondholders. [read post]
28 Sep 2010, 12:47 pm by By STEPHEN J. LUBBEN
The debtors at Claim Jumper Restaurants are seeking bankruptcy court approval to quickly sell the company's assets, a move that echoes the Chapter 11 sales of General Motors and Chrysler. [read post]
1 Jun 2009, 4:43 am
President Obama will push General Motors into bankruptcy protection on Monday, making a risky bet that by temporarily nationalizing the onetime icon of American capitalism, he can save at least a diminished automaker that is competitive. [read post]
6 May 2009, 5:55 pm
Four years after paying $2 billion to extricate itself from a partnership with Fiat, General Motors is seeking a stake in the Italian automaker in exchange for its Latin American and European operations. [read post]
23 Jun 2009, 10:44 am
The United States Trustee seems to think that General Motors is paying two of its consultants, the investment bank Evercore Partners and the turnaround firm AlixPartners, too much for the services they've rendered. [read post]
31 Aug 2010, 11:07 pm by By DEALBOOK
Motors Liquidation Company, the home of General Motors' shuttered plants and other unwanted assets, is gradually cleaning them up and selling them off. [read post]
13 Oct 2010, 1:40 am by By DEALBOOK
General Motors said on Tuesday it has extended the deadline for a program that allows employees and retirees to buy shares at the price of its initial public offering, expected in November, Reuters reported. [read post]
25 Oct 2010, 5:19 am by By DEALBOOK
"What makes 'Overhaul' so unexpectedly fascinating," Malcolm Gladwell writes in his review for The New Yorker, is that "it is the product of someone so convinced of the value of his contribution, and of the private-equity model, that he feels no need to hide his condescension. [read post]
9 Jul 2009, 11:38 am
General Motors plans to close on the sale of its best assets to a new, government-backed carmaker Friday morning, after objectors failed to block the proposal in court. [read post]
23 Oct 2009, 2:09 am
General Motors Chief Executive Fritz Henderson will get a raise in his compensation package to $5.45 million under new rules advocated by the U.S. pay czar, Bloomberg News said, citing a person familiar with the matter. [read post]
10 Jun 2010, 2:30 pm by By DEALBOOK
The Treasury Department, which owns 60.8 percent of General Motors, said that the automaker would decide when to hold an initial public offering, but that it would not occur before the fourth quarter. [read post]
1 Jun 2008, 3:27 pm
"To this point, the G.M. hybrids aren't getting any traction at all," said Mike Omotoso, a senior manager with the research firm J.D. [read post]
8 Sep 2011, 9:25 pm by Jacob Katz Cogan
Indian Energy Governance in Global ContextAntonio G.M. [read post]
27 Jul 2009, 1:22 pm
The same article reports that Delphi's board met this afternoon and was expected to approve the pact, which would supplant the agreement between Delphi, GM and Platinum Equity.The full article can be found here.Research for this article performed using the netDockets Precedent Research System for Corporate BankruptcyRelated articles by ZemantaGM to help investment firm buy Delphi (money.cnn.com)Federal Guarantor Takes Over Delphi Pension (nytimes.com)DealBook: Delphi Strikes Pact With Lenders,… [read post]
8 Nov 2009, 1:22 pm
G.M. didn’t object to this appropriation, since it only further boosted the status of the Cadillac brand. [read post]
22 Mar 2009, 4:18 pm
In a letter to the Obama administration’s autos task force, the unofficial bondholders committee reiterated its argument that the pain in any restructuring of G.M. be shared by all of the company’s constituencies — or risk bankruptcy. . . . [read post]
20 Mar 2008, 4:32 am
I'm sure whatever is coming across Greg's desk any given week is pretty fascinating, and I'm looking forward to reading more.The Center also recently published the inaugural issue of the Journal of Court Innovation, edited by Greg Berman, Robert G.M. [read post]
16 Apr 2015, 7:40 am by Joe Consumer
“But I think it’s fair to say that G.M. won something today. [read post]