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June 1, 2009: GM filed for Chapter 11 Bankruptcy, the fourth largest filing in the United States history after Lehman Brothers, Washington Mutual, and Worldcom.
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Oct 30, 2013 · On June 1, 2009 General Motors filed for bankruptcy in New York, with $82 billion in assets and $173 billion in liabilities. It was the largest ...
July 6 - A senior U.S. official says GM will get the remaining $20 billion in government bankruptcy financing over the rest of 2009 and could be ready to launch ...
General Motors filed for bankruptcy early on Monday, marking the end of an era for GM as the troubled automaker is now the largest bankruptcy in history.
Jun 1, 2023 · By declaring bankruptcy on June 1, General Motors become the second of the Big Three automakers to file for Chapter 11 protection — joining ...
Jun 5, 2009 · In spite of billions of dollars of government support, the only solution for GM is to declare bankruptcy and try to lower those fixed costs ...
Mar 19, 2021 · (March 19, 2021) - A New York bankruptcy judge has authorized closing the last bankruptcy case involving General Motors Corp., concluding one of ...
12 hours ago · DETROIT, Oct 10 (Reuters) - General Motors Corp , whose shares have plunged to a 58-year low amid the market turmoil, said in a formal ...
The bankruptcy filing is said to have totaled an estimated $82 billion in assets and $172 billion in debt. Following months of corporate restructuring, and the ...
* June 2009 - General Motors files for a bankruptcy supported by U.S. government funding and plans to shed brands. * July 2009 - GM emerges from bankruptcy with ...