GM saw little choice on liability (Dealscape

In accepting liability for future product defects, General Motors Corp. bowed to pressure from state attorneys general to keep its expedited bankruptcy on track.

The automaker, which filed for Chapter 11 protection on June 1, hopes to win approval for a government-backed plan to divide the company in two and have its healthy assets quickly exit bankruptcy.

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294 in-depth reports of Bankruptcies in the Automotive sector
75 in-depth transaction records for General Motors
31 in-depth reports of Reorganization plans in the Automotive sector
20 company pages related to General Motors
10 years of news and analysis archives from the voice of The Deal Economy

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NOT A SUBSCRIBER? GM saw little choice on liability Posted on June 29, 2009 2:58 PM In accepting liability for future product defects, General Motors Corp. bowed to pressure from state attorneys general to keep its expedited bankruptcy on track. The automaker, which filed for Chapter 11 protection on June 1, hopes to win approval for a government-backed plan to divide the company in two and have its healthy assets quickly exit bankruptcy. This is a free content preview. Subscribers enjoy access to all stories in full as well as second-to-none market intelligence. Dig deeper, with Pipeline. 294 in-depth reports of Bankruptcies in the Automotive sector 75 in-depth transaction records for General Motors 31 in-depth reports of Reorganization plans in the Automotive sector 20 company pages related to General Motors 10 years of news and analysis archives from the voice of The Deal Economy Most searched keywords Deutsche Bank Birds Eye Cadbury AG Agrium Inc. Skadden Arps Revolution Money Tandberg ASA Aisling Capital Ken Lewis Natco		EXISTING USERS Username Password Forget your password? Missing a product?

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