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Bankruptcy

: Credit Slips

The GM Fast Track

By Stephen Lubben

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I've been reading over GM's DIP Financing motion, and came across the following:

The "Case Milestones" include:

  1. June 3, 2009: deadline to file motion to approve 363 Transaction (as defined below);
  2. June 5, 2009: deadline for commencing hearing on motion to approve bidding procedures; 
  3. July 10, 2009: deadline for entry of Sale Order . . .

Wow.

Full post as published by Credit Slips on June 01, 2009 (boomark / email).

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