Motors Liquidation Company (during GM bankruptcy period)

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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.

All labels observed (1)

How this entity was disambiguated

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 ⓘ
country 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) ⓘ
linked to: General Motors
emergedFrom General Motors Chapter 11 reorganization ⓘ
excludedFromSaleTo General Motors Company ⓘ
linked to: General Motors
formerName General Motors Corporation ⓘ
linked to: General Motors
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 ⓘ
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 ⓘ
linked to: General Motors
primaryObjective maximize recoveries for creditors of old General Motors ⓘ
relatedCompany General Motors Company ⓘ
linked to: General Motors
reorganizationPlanSponsor Government of Canada ⓘ
United States Department of the Treasury ⓘ
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 ⓘ
successorLiabilityScope limited to assets and obligations retained from old General Motors ⓘ
tickerSymbol MTLQQ ⓘ
timePeriod GM bankruptcy period beginning 2009 ⓘ

How these facts were elicited

Referenced by (1)

Full triples — surface form annotated when it differs from this entity's canonical label.

Lordstown Assembly → ownedBy → Motors Liquidation Company (during GM bankruptcy period) ⓘ