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6 Jul 2009, 1:43 am
[JURIST] A federal bankruptcy judge on Sunday approved [opinion, PDF] the sale of assets held by General Motors (GM) [corporate website] to a new, government-backed company. [read post]
6 Jul 2009, 12:06 am
So reports The New York Times:A federal judge approved a plan by General Motors late on Sunday to sell its best assets to a new, government-backed company, a crucial step for the automaker to restructure and complete its trip through bankruptcy court.I suppose being GM does get a judge to work on a holiday weekend (some holiday) and work he did:In his 95-page opinion, Judge Gerber wrote that he agreed with G.M.'s main contention: that the asset sale was needed to… [read post]
5 Jul 2009, 8:23 pm
Your history/relationship with the insurance company. [read post]
3 Jul 2009, 6:48 pm
General Motors Corp. has announced that it will take responsibility for auto products liability lawsuits that are filed after the car maker sought bankruptcy protection. [read post]
3 Jul 2009, 8:08 am
That includes a hitch as an Assistant District Attorney prosecuting the full range of state criminal cases, three years in small town general practice, and a decade in an insurance defense firm defending personal injury, wrongful death and insurance coverage lawsuits for insurance companies, corporations and government agencies throughout Georgia. [read post]
2 Jul 2009, 7:16 am
At a time when so many people are beating the drum about the need for companies to file transparent documents with the Securities and Exchange Commission, General Motors (GMGMQ) deserves credit. [read post]
2 Jul 2009, 5:18 am
The defendant tobacco company moved for summary judgment on the warning claim, which was denied. [read post]
2 Jul 2009, 12:34 am
The article said:It became clear this spring that General Motors was going to have to get smaller to survive, but this was ridiculous. [read post]
1 Jul 2009, 7:23 pm
For 50 years spanning 3 generations, we have obtained results for satisfied clients. [read post]
1 Jul 2009, 1:54 pm
I feel strongly as both an American consumer and a personal injury lawyer that filing for bankruptcy should not give companies a free ticket to abandon those previously injured by their products. [read post]
1 Jul 2009, 8:18 am
DealBook's Michael J. de la Merced reports live from day two of the General Motors hearing to win approval of its asset sale to a new government-backed company. [read post]
30 Jun 2009, 9:29 am
(AIG), Citigroup Inc., Bank of America Corp., General Motors Corp., GMAC LLC, Chrysler and Chrysler Financial. [read post]
30 Jun 2009, 8:05 am
According to the Wall Street Journal (click here), General Motors has agreed to expand its liability for car-accident victims who suffered injuries after the auto maker filed for bankruptcy protection June 1. [read post]
29 Jun 2009, 3:05 pm
by Paul Levy General Motors' retreat from its effort to use bankruptcy proceedings to shed tort liability represents a great victory for consumers. [read post]
29 Jun 2009, 12:57 pm
With a large contribution from General Motors (GM) comprised of approximately $2 billion in cash and a $500 million loan, Delphi projects to be profitable within 12-18 months of emergency from Chapter 11 bankruptcy. [read post]
29 Jun 2009, 8:56 am
According to the New York Times (click here), General Motors and the Obama administration have reached a deal whereby GM will assume responsibility for product liability claims involving its vehicles after the auto maker emerges from bankruptcy. [read post]
29 Jun 2009, 8:39 am
As a result of the recent bankruptcy of General Motors Corp., many of the pending and future claims involving GM products stood to be wiped out, leaving the victims with no recourse against the manufacturer. [read post]
29 Jun 2009, 7:03 am
The AP reported General Motors "has agreed to take on responsibility for future product liability claims, removing what could have been a sizable roadblock" on the company's way to a "quick sale of its assets" and emergence from bankruptcy. [read post]
29 Jun 2009, 5:34 am
When a parent company prepares consolidated financial statements, GAAP requires the parent to eliminate certain transactions among the parent and its affiliates, including accounts receivable, to avoid counting revenue twice and to accurately portray the operating results of affiliated companies as a single economic unit. [read post]
28 Jun 2009, 12:17 pm
General Motors and the Obama administration have reached a deal for the carmaker to assume responsibility for product liability claims filed after it emerges from bankruptcy as a new company, even those claims involving vehicles made by the old company. [read post]
