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      • The 2009 General Motors Chapter 11 sale of the assets of automobile manufacturer General Motors and some of its subsidiaries was implemented through Chapter 11, Title 11, United States Code in the United States bankruptcy court for the Southern District of New York. The United States government-endorsed sale enabled the NGMCO Inc.
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  2. General Motors Chapter 11 reorganization; Date: 2009: Location: U.S. Cause: Bankruptcy: Motive: 2008 automotive crisis: Organised by: U.S. bankruptcy court: Verdict: Sale of General Motors subsidiaries and assets

  3. Under this plan, GM would prepare a reorganization in cooperation with its bond creditors that would take effect once the company went into a Chapter 11 bankruptcy.

  4. Motors Liquidation Company (MLC), formerly General Motors Corporation, was the company left to settle past liability claims from Chapter 11 reorganization of American car manufacturer General Motors.

    • March 31, 2011; 12 years ago
    • Detroit, Michigan, United States
    • 1908 as General Motors Company, 2009 (changed name to Motors Liquidation Company)
    • Automotive
  5. On July 10, 2009, a new entity completed the purchase of continuing operations, assets and trademarks of GM as a part of the 'pre-packaged' Chapter 11 reorganization. As ranked by total assets, GM's bankruptcy marks one of the largest corporate Chapter 11 bankruptcies in U.S. history.

  6. 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...

  7. March 19, 2021. (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).

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