Motors Liquidation Company (during GM bankruptcy period)
E648925
Delaware corporation
bankruptcy estate
public company shell
successor to General Motors Corporation for legacy liabilities
Motors Liquidation Company (during the GM bankruptcy period) was the post-bankruptcy shell of the former General Motors Corporation responsible for holding and liquidating its unwanted assets and liabilities.
Observed surface forms (1)
| Surface form | Occurrences |
|---|---|
| Motors Liquidation Company | 0 |
Statements (47)
| Predicate | Object |
|---|---|
| instanceOf |
Delaware corporation
ⓘ
bankruptcy estate ⓘ public company shell ⓘ successor to General Motors Corporation for legacy liabilities ⓘ |
| bankruptcyCaseType | prepackaged reorganization ⓘ |
| bankruptcyCourt | United States Bankruptcy Court for the Southern District of New York NERFINISHED ⓘ |
| country |
United States of America
ⓘ
surface form:
United States
|
| createdBy | reorganization of General Motors under U.S. government‑backed plan ⓘ |
| creditorClass |
tort claimants of General Motors Corporation
ⓘ
trade creditors of General Motors Corporation ⓘ unsecured bondholders of General Motors Corporation ⓘ |
| distinguishedFrom | General Motors Company (the new GM operating company) NERFINISHED ⓘ |
| emergedFrom | General Motors Chapter 11 reorganization ⓘ |
| excludedFromSaleTo | General Motors Company NERFINISHED ⓘ |
| formerName | General Motors Corporation NERFINISHED ⓘ |
| governedBy | confirmed Chapter 11 plan of liquidation for General Motors Corporation ⓘ |
| hasCreditorTrusts |
asbestos and tort claims trusts
ⓘ
environmental response trusts for contaminated sites ⓘ |
| hasRole |
holder of unwanted assets and liabilities of old General Motors
ⓘ
post‑bankruptcy shell of former General Motors Corporation ⓘ |
| holds |
certain tort and asbestos liabilities of old General Motors
ⓘ
certain unsecured debt obligations of old General Motors ⓘ surplus manufacturing facilities of old General Motors ⓘ unwanted real estate of old General Motors ⓘ |
| industry | bankruptcy liquidation ⓘ |
| jurisdiction | Delaware NERFINISHED ⓘ |
| legalProcess | Chapter 11 bankruptcy ⓘ |
| notResponsibleFor |
new vehicle sales and marketing
ⓘ
ongoing automotive manufacturing operations ⓘ |
| owns |
certain intellectual property not acquired by new GM
ⓘ
interests in certain joint ventures not transferred to new GM ⓘ |
| parentCompanyPreBankruptcy | General Motors Corporation NERFINISHED ⓘ |
| primaryObjective | maximize recoveries for creditors of old General Motors ⓘ |
| relatedCompany | General Motors Company NERFINISHED ⓘ |
| reorganizationPlanSponsor |
Government of Canada
NERFINISHED
ⓘ
United States Department of the Treasury NERFINISHED ⓘ |
| responsibleFor |
certain product liability claims of old General Motors
ⓘ
closing and disposition of surplus plants and facilities ⓘ distribution of proceeds to creditors of old General Motors ⓘ environmental remediation obligations of old General Motors ⓘ liquidation of non‑core assets of old General Motors ⓘ resolution of legacy liabilities of old General Motors ⓘ |
| statusDuringGMReorganization | non‑operating liquidation entity ⓘ |
| stockExchange | OTC Markets Group NERFINISHED ⓘ |
| successorLiabilityScope | limited to assets and obligations retained from old General Motors ⓘ |
| tickerSymbol | MTLQQ NERFINISHED ⓘ |
| timePeriod | GM bankruptcy period beginning 2009 ⓘ |
Referenced by (1)
Full triples — surface form annotated when it differs from this entity's canonical label.
Lordstown Assembly, Ohio, United States
→
ownedBy
→
Motors Liquidation Company (during GM bankruptcy period)
ⓘ
subject surface form:
Lordstown Assembly