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- General Motors emerged from bankruptcy as a new company majority-owned by the United States Treasury, and Chrysler emerged owned primarily by the United Auto Workers union and by Italian automaker Fiat S.p.A.
en.wikipedia.org › wiki › Effects_of_the_2008%E2%80%932010_automotive_industry_crisis_on_the_United_StatesEffects of the 2008–2010 automotive industry crisis on the ...
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What happened to General Motors in Chapter 11 bankruptcy?
Did a New York bankruptcy judge approve the last GM bankruptcy?
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Did GM file for Chapter 11 bankruptcy?
As of February 14, 2009: General Motors was considering filing for Chapter 11 bankruptcy under a plan that would assemble all of their viable assets, including some U.S. brands and international operations, into a new company.
In the popular version of the company's turnaround story, as GM teetered toward liquidation in 2009, an Obama-appointed SWAT team, led by financier Steven Rattner, swept in and hatched a radical...
(March 19, 2021) - A New York bankruptcy judge has authorized closing the last bankruptcy case involving General Motors Corp., concluding one of the largest Chapter 11 bankruptcies ever. In re Motors Liquidation Co. et al., No. 09-50026, (Bankr. S.D.N.Y. Mar. 16, 2021).
Jun 2, 2009 · GM filed for Chapter 11 protection against its creditors' demands at 8am local time after racking up losses of $81bn (£50bn) over four years, putting a veteran bankruptcy judge, Robert Gerber,...
Oct 20, 2018 · Until Barra's arrival, that assessment was true: Chapter 11 has chastened GM, but in 2010 the company still swaggered into the largest initial public offering in US history.
Jan 15, 2021 · In 2009, the once "unsinkable" GM filed for Chapter 11 bankruptcy following years of mismanagement and an inability to identify the changing automotive landscape.
Jun 1, 2009 · U.S. Judge Robert Gerber, the bankruptcy judge will oversee GM's bankruptcy, ruled Monday that GM will have access to $15 billion in government funds immediately.
