June 1, 2009
GM Bankruptcy Information Updated
Debtor in Principal Case: General Motors Corporation
Case No.: 09-50026-reg
Venue: Bankr. S.D.N.Y., http://www.nysb.uscourts.gov/
Judge: Bankruptcy Judge Robert E. Gerber
Calendar: In future, but not yet, calendar will be available at http://www.nysb.uscourts.gov/calendars/reg.pdf .
Debtor’s Counsel: Stephen Karotkin, Weil, Gotshal & Manges LLP
PACER: https://ecf.nysb-mega.uscourts.gov/ (Docket & Documents)
Update: Most documents and docket information are available free of charge from the claims agent's website.
Press Conferences Today. “General Motors President and CEO, Fritz Henderson, will host a press conference on Monday, June 1[, 2009,] beginning immediately following President Obama’s media briefing. According to a White House media advisory, President Obama will begin his remarks at approximately 11:55 a.m. ET. Mr. Henderson will address the media separately from New York following the President, beginning at approximately 12:15 p.m. ET.
“The press conference will also be webcast at http://media.gm.com. A replay of the webcast will also be made available for 30 days."
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I think GM will get back strong in the next 5 years and they are slowly making good cars.
Posted by: Motorbike Helmets | Dec 27, 2009 1:00:23 PM
Thanks for sharing this! Yes is true, the General Motors Corp. filed its bankruptcy today. It is said that the government against bailouts is protecting GM, but it did not worked out well. This company is known to symbolize our current economic situation. GM employees are in a pretty tight spot these days, as GM has announced plant closures, dealership closures, and even entire brand closures (such as Pontiac), and most of the employees dedicated to those jobs are going to likely experience a layoff. Even with good budgeting or funds from the government bailout, it still isn't enough to cover the ground lost by the loss of a profession. Short term loans aren't going to assuage the hurt, and GM is in trouble. They are all but filing for bankruptcy at this point, and hopefully if they do file it will be a short one. It looks like there will be cash advances in the near future for GM employees.
Posted by: GM employees | Jun 2, 2009 3:57:19 AM