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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]
4 Jul 2009, 9:38 pm
The customers alleged that General Motors Corporation, knowing of common design defects, defrauded them into purchasing the vehicles. [read post]
3 Jul 2009, 12:00 pm
Don't Rule Out Bankruptcy: As GM and Chrysler have shown us, even major U.S. corporations sometimes need the protection of the bankruptcy court.Make it work for you: If your finances are beyond rescuing on your own, consider filing for Chapter 7 or Chapter 13 bankruptcy. [read post]
2 Jul 2009, 9:58 am
I remember thinking at the time that GM was both complacent and invincible. [read post]
2 Jul 2009, 7:07 am
GM had planned to include its product liability claims with its bad assets... [read post]
30 Jun 2009, 9:12 am
With Chrysler and GM being granted Chapter 11 bankruptcy, hundreds of personal injury and wrongful death claims against the corporation are being dropped – and not by the plaintiffs.The upshot of a government plan to bring GM and Chrysler LLC out of bankruptcy free of debt effectively wipes out the pending suits against them. [read post]
29 Jun 2009, 12:57 pm
San Jose Bankruptcy Attorney discusses another Chapter 11 Bankruptcy Success Story Delphi Corporation, once the world's largest auto parts manufacturer, is likely to emerge from Bankruptcy within the next few weeks. [read post]
26 Jun 2009, 11:35 am
" Holy corporate censorship, Batman! [read post]
26 Jun 2009, 3:40 am
[JURIST] A federal bankruptcy judge on Thursday approved [press release] a motion [text, PDF] to allow General Motors (GM) [corporate website] to borrow $33.3 billion in debtor in possession financing from the US and Canadian governments to finance a new company. [read post]
19 Jun 2009, 3:38 pm
These actions normally would have rocked the company headlines and, if the stock reacted negatively, could have lead to proxy fights or corporative executive terminations that may have killed the initiative. [read post]
19 Jun 2009, 10:52 am
Consumers just spent $57 billion of tax dollars to bailout Chrysler and GM. [read post]
18 Jun 2009, 2:35 pm
General Motors has shed one of the items that piqued the ire of Congress last fall: its fleet of leased corporate jets. [read post]
15 Jun 2009, 3:34 pm
The U.S. auto industry (think GM and Chrysler) is just one example, but there are many, many more. [read post]
15 Jun 2009, 1:07 pm
Jenner bankruptcy practice chair Daniel Murray and corporate reorganization partners Patrick Trostle and Heather McArn are advising GM. [read post]
15 Jun 2009, 9:54 am
All of this is part of an increasing wave of large corporate chapter 11 cases that has been obscured by GM, Chrysler, and Lehman Brothers. [read post]
15 Jun 2009, 9:30 am
An enormous fuss has been made by the media about the unfairness of the GM and Chrysler bankruptcies for corporate bondholders, shareholders, and other investors, but little attention has been paid to those with pending or future injury claims. [read post]
14 Jun 2009, 4:32 am
" Capmark Finace had its early beginnings in 1994, when the company operated under General Motors ownership as GMAC Commercial Mortgage Corporation. [read post]
13 Jun 2009, 6:25 pm
The normal rule is that a corporation that buys another corporation's assets does not buy its liabilities, unless it expressly contracts to do so. [read post]
12 Jun 2009, 1:50 pm
So now that Chrysler's closed and GM's speeding along, where does that leave Ford? [read post]
11 Jun 2009, 1:41 pm
In short, the dealers who are "saved" by this bill will have the dubious privilege of being dealers for liquidating corporations that no longer manufacture cars. [read post]
