Bankruptcy

GM Sale Objections

By Stephen Lubben

I have not covered the GM objections with the same intensity as I did in Chrysler, in part because the vast bulk of the objections raise the very same issues. For example, I'm sure most Credit Slips readers know how I feel about the old sub rosa plan argument. But for those of you looking for information on how the sale hearing will proceed, a good place to start is the Debtors' response to the objections. Even if you don't agree with the debtors' arguments, they provide a helpful service by organizing the objections and providing docket numbers for each one.

Full post as published by Credit Slips on June 28, 2009 (boomark / email).