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7 Aug 2009, 7:24 am
Value-added (VAT), corporate income and business tax revenues contributed about 70% of the increased revenue, according to the Chinese government. [read post]
5 Aug 2009, 11:30 am
Today, President Obama visited Navistar International Corporation, in Elkhart, Ind., to make the announcement. [read post]
5 Aug 2009, 9:00 am
A story published by Reuters recently describes General Motors Corporation’s decision to accept liability for future product defects as one of several concessions the company has made to expedite approval for a quick sale from bankruptcy. [read post]
3 Aug 2009, 6:18 am
: Nokia Corporation v Her Majesty’s Revenue and Customs (PatLit) Is it safe? [read post]
30 Jul 2009, 12:48 pm
Governance flaws at Citigroup differed dramatically from governance flaws at GM, and attempts to fix the problems at firms like GM through laws directed at all public companies could make things worse at firms like Citigroup. [read post]
27 Jul 2009, 1:22 pm
The New York Times is reporting that Delphi Corporation has reached an agreement with General Motors and its debtor-in-possession financing lenders which would split Delphi's assets between GM and the lenders (the latter acquiring the assets by credit bidding a portion of their DIP financing claims). [read post]
24 Jul 2009, 8:55 am
Lubben was a new regular blogger this year, and his insightful posts on Chrysler, GM, and other corporate bankruptcies principally raised the question of why we were not smart enough to have him on board from the start.It is very rewarding to get a call from a government policymaker or from someone in the media who starts with "I was reading Credit Slips and . . . . [read post]
21 Jul 2009, 7:09 am
A standard objection to the government as market player–as, say, an owner of companies like GM and Chrysler–is that it’s a bad manager. [read post]
16 Jul 2009, 6:00 am
Under pressure from multiple consumer advocate groups, as well as State Attorneys General, General Motors Corporation agreed to assume legal responsibility for injuries drivers suffered from product liability and vehicle defects after General Motors emerges from bankruptcy protection. [read post]
15 Jul 2009, 10:59 am
A lot of coverage recently has once again thrown China (the prosecutor) into the spotlight for charging Rio Tinto’s GM and 3 employees (The Innocents) with espionage. [read post]
15 Jul 2009, 5:20 am
In fact, GM may be doing its potential business a great disservice by branding itself as a corporation that puts the rights of customers second, while shirking its responsibilities. [read post]
15 Jul 2009, 1:13 am
Auto Parts Makers That Supplied GM Struggle to Steer out of Bankruptcy
The American Lawyer
General Motors and Chrysler may see a light at the end of the bankruptcy tunnel, but the parts manufacturers that depended on them for business are still struggling. [read post]
13 Jul 2009, 2:08 pm
(Some GM/Chrysler consumers have been killed or seriously injured by seatbelts that come unbuckled during a crash because of elbow contact. [read post]
13 Jul 2009, 5:51 am
Liquidating GM Entity Receives Reporting ReliefThe corporate entity formerly known as GM has been granted relief from its Exchange Act reporting requirements on Forms 10-K and 10-Q. [read post]
13 Jul 2009, 5:00 am
There is simply not enough time to write about the corporate governance issues that seem to surface on a daily basis. [read post]
12 Jul 2009, 1:17 pm
We noticed a lovely new restaurant in the same complex, Sanctuary, and took the opportunity to get a quick tour from Michael Kutscheid, owner and GM. [read post]
10 Jul 2009, 5:58 pm
Spend more than you make and chances are, you're headed for trouble.Yesterday, General Motors Corporation emerged from an unusually speedy bankruptcy (40 days). [read post]
10 Jul 2009, 3:39 pm
The Massachusetts corporation had no agents, salesmen, or other employees in California. [read post]
6 Jul 2009, 7:58 am
China corporations in general, no matter where they are based, represent a good opportunity for international firms. [read post]
6 Jul 2009, 6:00 am
In the last few weeks, two major U.S. automobile manufacturers filed for bankruptcy protection, namely GM and Chrysler. [read post]
