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GM and Chrysler bankruptcy supported by Canadian misinformation


According to recent findings of federal auditors, Canada’s government had very little overall information concerning the restructuring strategies of the two Detroit automakers back in 2009. With two of the largest global automakers on the brink of collapse, General Motors and Chrysler were taken into a government sponsored bankruptcy procedure that led to the creation of New GM and the acquisition ...
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US: GM’s bankruptcy judge ready to retire
Robert Gerber, the New York bankruptcy judge that has guided General Motors through its 2009 government sponsored bankruptcy process and is now involved in the fallout of the company’s ignition ...
US: the automakers did their part in helping Detroit get out of bankruptcy
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US: GM says it’s not accountable for pre-2009 safety issues
General Motors posted a court filling this week in which the company claims it shouldn’t be held accountable for safety issues that arose before it exited bankruptcy back in 2009. The ...
US: bankruptcy judge says GM committed fraud if it purposely hid the switch defect
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GM is facing an ardent legal battle from customers who claim compensation over the lost value of their recalled cars, who had flaws hidden by GM during the 2009 bankruptcy ...
GM bankruptcy task force unaware of ignition problem
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GM wants pre-2009 recall related lawsuits dropped
Because after July 2009, when it emerged from bankruptcy, General Motors became a new company, it now aims to dismiss any lawsuit that claims liability for crashes or other misconduct ...
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Porsche Tuners SpeedART and 9ff Filed for Bankruptcy
Porsche tuners SpeedART and 9ff have recently filed for insolvency protection in Germany. As the auto market in Europe continues to struggle with the economic crisis and continuous decline, more and ...

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