Bankruptcy Preference Creditor's Digest
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Materials listing for automakers
GM Bankruptcy – Debtors and Petitions
General Motors Corporation (“GM”) and 3 affiliated entities (collectively with GM, “Debtors”) have filed bankruptcy. Chevrolet-Saturn of Harlem, Inc. and Saturn, LLC are direct subsidiaries of General Motors Corporation. Saturn Distribution Corporation is referred to by General Motors Corporation as an “indirect subsidiary.” However,GM has hundreds of subsidiaries and having only 3 subsidiaries file [...]
GM Bankruptcy – 50 Largest Unsecured Bankruptcy Creditors
General Motors Corporation filed bankruptcy in the Southern District of New York on June 1, 2009. It has requested authority to file a consolidated list of the 50 largest unsecured creditors of General Motors and its affiliated Debtors (the “Top 50 List”) in lieu of a separate list for each of the Debtors. The Top [...]
Chrysler LLC – 50 Largest Unsecured Bankruptcy Creditors
[Update May 29, 2009: Please note that the following Largest Unsecured Creditor list is taken from the Chrysler LLC bankruptcy filing. Subsequently, Chrysler published a "Designated Supplier Contract" list with "Cure Costs". This list bears no resemblance to the original largest unsecured creditor list. You can look at the subsequent list [...]
How Many Lawyers Can Fit in a Chrysler … Bankruptcy?
In manufacturing and particularly in the automotive sector, lean means eliminating waste; single-piece flow, 5s activities, value stream mapping …. . All that effort to save what might be less than 1 penny per piece attributable to waste. So what does lean manufacturing have to do with the bankruptcy of Chrysler … absolutely nothing and [...]