Statements (49)
| Predicate | Object |
|---|---|
| gptkbp:instanceOf |
gptkb:bankruptcy
|
| gptkbp:amountOfBailout |
approximately $50 billion
|
| gptkbp:causedBy |
gptkb:financial_crisis_of_2007–2008
declining sales competition from foreign automakers excess production capacity high legacy costs |
| gptkbp:filedOnDate |
June 1, 2009
|
| gptkbp:filedUnder |
gptkb:Chapter_11,_Title_11,_United_States_Code
|
| gptkbp:filingDate |
gptkb:General_Motors
|
| gptkbp:followedBy |
General Motors relisting on NYSE in 2010
|
| gptkbp:heldBy |
2009
|
| https://www.w3.org/2000/01/rdf-schema#label |
General Motors bankruptcy
|
| gptkbp:involves |
gptkb:Government_of_India
gptkb:U.S._Department_of_the_Treasury gptkb:Obama_administration gptkb:United_Auto_Workers bondholders |
| gptkbp:largestIndustrialBankruptcyInUSHistory |
true
|
| gptkbp:location |
New York Southern District Bankruptcy Court
|
| gptkbp:mediaCoverage |
gptkb:Bloomberg
gptkb:CNN gptkb:Detroit_Free_Press gptkb:Reuters gptkb:The_New_York_Times gptkb:Wall_Street_Journal |
| gptkbp:precededBy |
Chrysler bankruptcy
|
| gptkbp:resultedIn |
government bailout
GM's return to profitability Hummer brand discontinued Pontiac brand discontinued Saab brand sold Saturn brand discontinued closure of several plants creation of Motors Liquidation Company formation of new General Motors Company government ownership stake in GM improved balance sheet for GM new labor agreements public scrutiny of executive compensation reduction in dealer network reduction in debt reduction in workforce restructuring of General Motors restructuring of retiree benefits sale or discontinuation of brands |
| gptkbp:bfsParent |
gptkb:Davis_Polk_&_Wardwell
gptkb:Weil,_Gotshal_&_Manges |
| gptkbp:bfsLayer |
6
|