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Motors Liquidation Company Overview
State:MichiganCountry:United States
Industry:Miscellaneous Financial Services
Description:
Motors Liquidation Company (old GM), formerly known as General Motors Corp., filed for bankruptcy on June 1, 2009. On July 5, 2009, an order was entered approving the sale of substantially all of Motors Liquidation Company’s assets to a new and independent company, General Motors Company (new GM), under Section 363 of the Bankruptcy Code on June 5, 2009. The sale closed on July 10, 2009. For the three months ended 31 March 2009, Motors Liquidation Company's revenues decreased 47% to $22.43B.... (More)
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