Motors Liquidation Co news

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Delaware high court says GM loan documents valid despite error
N) before its 2009 bankruptcy and its former lender, JPMorgan Chase & Co (JPM.N). The issue relates to GM's insolvency, in which its healthy assets were sold to the new General Motors Co, while the rest were liquidated for the benefit of unsecured ...
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Appeals court: GM not on the hook for botched 200 million euro Saab deal
FLINT, MI -- General Motors is not legally responsible for a botched last-ditch 200 million euro deal that Saab claimed would have spared the Swedish car manufacturer from bankruptcy liquidation, according to a federal appeals court ruling. The Sixth ...
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GM Cleared by 6th Circ. for Saab Bankruptcy
(CN) - Saab cannot blame its bankruptcy on a financing deal with a Chinese automaker that General Motors sank for legitimate business reasons, the 6th Circuit ruled.
Court tosses Saab suit against GM  The Detroit News
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K Street defying expectations
Akin Gump Strauss Hauer & Feld: Ad hoc committee of holders of units in the Motors Liquidation Company GUC Trust. American Continental Group: Imprivata.
Business Insider: Future apartment building has rich history
The plants were devoted to the manufacture of electric motors and generators. The future apartment building has been used by Mendelson Liquidation Outlet for storage in recent years, but in the mid-1900s it and two blocks surrounding were a beehive of ...
Tesla Motors coming to Lyndhurst, Olmsted Township could cut fire department ...
Lyndhurst: Tesla Motors, an electric car company specializing in custom-made vehicles, is moving into the former Infiniti dealership on Mayfield Road, Sara Dorn reports.
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Wall Street Surges as Investors Cheer 3Q Earnings
The report, which cited liquidation notices sent to local media, sparked a 5% rally in the stock. General Motors (GM) ticked 1.2% lower despite surpassing expectations for third-quarter earnings.
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Delaware Supreme Court Rules Mistakenly Filed UCC Termination Statement Is ...
In Official Comm. of Unsecured Creditors of Motors Liquidation Co. v. JP Morgan Chase Bank, N.A., 2014 Del. LEXIS 491 (Oct. 17.
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Penske Says Detroit Like GM to Be Cleansed by Bankruptcy
... has made him an influential booster in Detroit. Penske, GM, Ford Motor Co. and Chrysler Group LLC said last year that they would donate $8 million to provide 23 ambulances and 100 new patrol cars to Detroit's fire and police departments.
Penske testifies Detroit, like GM, will be cleansed by bankruptcy  Automotive News
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Sears disputes report of 116 store closures, nearly 6100 layoffs
Seeking Alpha, a financial news and market tracker, cited liquidation sale notices sent out last month that will lead to the closure of 55 Kmart stores, 30 Sears department stores and 31 Sears Auto Centers.