General Motors In Bankruptcy

[Viktor]

GM FILED FOR BANKRUPTCY IN 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.Mar 19, 2021

Court authorizes closing of GM bankruptcy, ending historic ...
https://today.westlaw.com › Document › View › FullText



The Bankruptcy is a Chapter 11, a reorganization of a company which has excessive debt.
The debtor and creditors meet to try to keep the company afloat. GM is in trouble, but they are trying to work their way out. Whether they stay in business is a question.

 

[pknopp]

The claims were many businesses would fail if GM filed for bankruptcy. That was why we had to lose billions of dollars bailing them out.

We bought the lies.

 

[TroglocratsRdumb]

Obama made them kill Pontiac.

 

[sparky]

there goes the neighborhood......

~S~

 

[Dekster]

They are down to 3 sedans---caddie CT4/5's and the malibu. Only so much room for recovery there even if they are out of bankruptcy as their trucks are way pricey for no more than they are. They will be back there again soon enough.

 

[Admiral Rockwell Tory]

GM FILED FOR BANKRUPTCY IN 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.Mar 19, 2021

Court authorizes closing of GM bankruptcy, ending historic ...
https://today.westlaw.com › Document › View › FullText



The Bankruptcy is a Chapter 11, a reorganization of a company which has excessive debt.
The debtor and creditors meet to try to keep the company afloat. GM is in trouble, but they are trying to work their way out. Whether they stay in business is a question.

In 2021???

GM FILED FOR BANKRUPTCY IN 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.Mar 19, 2021

Court authorizes closing of GM bankruptcy, ending historic ...
https://today.westlaw.com › Document › View › FullText



The Bankruptcy is a Chapter 11, a reorganization of a company which has excessive debt.
The debtor and creditors meet to try to keep the company afloat. GM is in trouble, but they are trying to work their way out. Whether they stay in business is a question.

In 2021??? Your link sucks! Try again!

 

[toobfreak]

GM FILED FOR BANKRUPTCY IN 2021

Just one of many more big victims of the Far Left's Covid shutdowns to follow!

 

[eagle1462010]

"Well all car lots are empty now...........need them circuit boards........and a sensor that tells it........CAR STARTING.........CAR RUNNING.......your wind shield wiper limit switch is draining your battery

lol

Bring back the 70s and 80s to save us