GENERAL MOTORS Bankruptcy News, Issue No. 18
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  • GENERAL MOTORS Bankruptcy News, Issue No. 18

    (EMAILWIRE.COM, October 13, 2009 ) FAIRLESS HILLS, Pa. -- Bankruptcy Creditors' Service, Inc., published Issue No. 18 of GENERAL MOTORS BANKRUPTCY NEWS today. The 36-page newsletter contains stories with these headlines:

    [00476] DEBTORS' MOTION TO OBTAIN $33.3-BIL. DIP LOAN
    [00477] DEBTORS' MOTION TO ESTABLISH CLAIMS SETTLEMENT PROCEDURE
    [00478] DEBTORS' MOTION TO APPROVE PURCHASE OF DELPHI'S ASSETS
    [00479] DEBTORS' MOTION TO ESTABLISH RECLAMATION CLAIMS PROTOCOL
    [00480] DEBTORS' MOTION TO APPROVE DE MINIMIS SALE PROCEDURES
    [00481] DEBTORS' OMNIBUS MOTIONS TO REJECT CONTRACTS & LEASES
    [00482] DEBTORS' MOTION TO REIMBURSE FORMER GM DIRECTORS' FEES
    [00483] DEBTORS' APPLICATION TO EMPLOY EVERCORE AS FIN'L ADVISOR
    [00484] U.S. TRUSTEE, ET AL., AGREE ON FEE EXAMINER APPOINTMENT
    [00485] PI CLAIMANTS' MOTION TO CONDUCT RULE 2004 EXAMINATION
    [00486] REMY'S MOTION TO EXTEND STAY TO HALT CLAIMS PROSECUTION
    [00487] DETROIT DIESEL'S MOTION TO ENFORCE STAY ON ASBESTOS SUITS
    [00488] JCI'S MOTION TO COMPEL THE DEBTORS FOR ARBITRATION
    [00489] L. WASHINGTON FILES $1.5-BIL. EX-PARTE CLAIM AGAINST GM
    [00490] ARIZONA REVENUE DEPARTMENT WITHDRAWS $19,000 ADMIN. CLAIM
    [00491] J. MEYER'S REQUEST FOR INCLUSION IN THE MAILING MATRIX
    [00492] CREDITORS' NOTICES OF CHANGE OF ADDRESS
    [00493] MLCO'S SCHEDULES OF ASSETS AND LIABILITIES
    [00494] GROUP OF DEALERS WANT REVERSAL OF GM'S DEALER CUTS
    [00495] GM TO SELL MAJORITY STAKE IN OPEL TO MAGNA/SBERBANK
    [00496] NEW GM & AMERICAN AXLE ENTER INTO FINANCIAL AGREEMENT
    [00497] PENSKE ENDS TALKS WITH GM TO ACQUIRE SATURN ASSETS
    [00498] CLOSURE OF NUMMI JOINT VENTURE RESULTS TO 4,700 JOB CUTS
    [00499] EBSA PROPOSES EXEMPTION TO ALLOW TRANSFER OF GM ASSETS
    [00500] NEW GM RESTORES 2,400 JOBS IN KANSAS, INDIANA & MICHIGAN
    [00501] NEW GM TO FREQUENT SUPPLIER PAYMENTS TO ENHANCE CASH FLOW
    [00502] BOB KRUSE RESIGNS FROM GM TO START CONSULTING FIRM
    [00503] KOENIGSEGG GROUP MAY DROP BID ON SAAB
    [00504] NEW GM'S SEPTEMBER 2009 SALES DOWN BY 45%
    [00505] NEW GM NAMES SUSAN DOCHERTY AS VICE PRES. FOR U.S. SALES
    [00506] GM DRAWS 90 DAYS OF PROGRESS IN ACHIEVING BUSINESS PLAN
    [00507] "OLD GM" EXPECTS TO LIQUIDATE BY MID 2010, CRO SAYS

    A copy of today's newsletter can be purchased on-line with a major credit card at https://ecommerce.bankrupt.com/bin/ibl_re?co_name=GENERAL|MOTORS for $45. Copies of all back issues are also available for purchase at BCSI's on-line newsstand.

    GENERAL MOTORS BANKRUPTCY NEWS tracks the restructuring of Chevrolet-Saturn of Harlem Inc, General Motors Corp, Saturn Distribution Corporation and Saturn LLC.

    How to Subscribe to GENERAL MOTORS BANKRUPTCY NEWS

    GENERAL MOTORS BANKRUPTCY NEWS is distributed to paying subscribers by electronic mail. New issues are published on an ad hoc basis as significant activity occurs (generally every 10 to 20 days) in the Debtors' cases. The subscription rate is $45 per issue. Newsletters are delivered via e-mail; invoices, transmitted following publication of each newsletter issue, arrive by fax. Distribution to multiple individuals at the same firm is provided at no additional charge; folks outside of your firm should set-up and pay for their own subscriptions. Subscriptions may be canceled at any time without further obligation.

    To continue receiving GENERAL MOTORS BANKRUPTCY NEWS, please complete and submit the subscription form at https://ecommerce.bankrupt.com/bin/ibl_re?subco_name=GENERAL|MOTORS


    Bankruptcy Creditors' Service, Inc.
    Peter A. Chapman
    (215) 945-7000
    peter@bankrupt.com

    Source: EmailWire.com

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