Motors Liquidation Company (f/k/a General Motors Corporation) Bankruptcy New Filing Alert: Motion For Authority To Enter Into A Transaction Which Is Outside The Ordinary Course Of Business





On November 17, 2015, a motion for authority to enter into a transaction which is outside the ordinary course of business was filed in the bankruptcy case of Motors Liquidation Company (f/k/a General Motors Corporation) and its affiliates.

The filing was assigned docket number 13543 and is described on the court’s official docket as follows:

Motion to Authorize / Motion of Wilmington Trust Company, as GUC Trust Administrator, for an Order (A) Granting Authority to Reallocate and Use Distributable Cash for the Purposes of Funding Administrative and Reporting Fees, Costs and Expenses of the GUC Trust and (B) Extending the Duration of the GUC Trust filed by Matthew Williams on behalf of Motors Liquidation Company GUC Trust with hearing to be held on 12/8/2015 at 09:45 AM at Courtroom 523 (REG) Responses due by 12/1/2015,. (Williams, Matthew)

Motors Liquidation Company (f/k/a General Motors Corporation) filed for bankruptcy protection, or had an involuntary bankruptcy petition filed against it, on June 1, 2009. The bankruptcy case is pending before the United States Bankruptcy Court for the Southern District of New York . The case number for the lead bankruptcy case is 09-50026. The bankruptcy case is currently assigned to United States Bankruptcy Judge Robert Gerber. The law firm of Weil, Gotshal & Manges LLP is acting as lead bankruptcy counsel to Motors Liquidation Company (f/k/a General Motors Corporation) in the bankruptcy case.

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