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Motors Liquidation Company (MLC), formerly General Motors Corporation, was the company left to settle past liability claims from Chapter 11 reorganization of American car manufacturer General Motors.
The General Motors Corporation (old GM) in turn changed its name to "Motors Liquidation Company" and it continued in bankruptcy proceedings to settle with its bondholders, and on other liabilities. The new GM company, after the purchase of most of the assets of "old GM" is not a participant in the continuing bankruptcy proceedings of Motors ...
Sep 1, 2010 · The fate that awaits the old G.M., officially the Motors Liquidation Company, the entity that houses the unwanted assets that were cleaved off in General Motors’ bankruptcy, was spelled out in...
Oct 31, 2009 · The regulators promptly forced a change in name and ticker symbol, hoping that would clear up the confusion. The old company’s new name is Motors Liquidation Company, with a ticker symbol of...
Aug 17, 2017 · Meanwhile, old G.M. — officially called Motors Liquidation Company — had the task of selling off factories and other leftover assets to compensate legions of creditors.
(March 19, 2021) - A New York bankruptcy judge has authorized closing the last bankruptcy case involving General Motors Corp., concluding one of the largest Chapter 11 bankruptcies ever. In re Motors Liquidation Co. et al., No. 09-50026, (Bankr. S.D.N.Y. Mar. 16, 2021).
Motors Liquidation Company (Pinksheets MTLQQ) is the company left over from General Motors' bankruptcy.
