GM's South Korean unit and its labor union failed to reach a wage deal after another round of talks that sought to avert a bankruptcy filing for the unprofitable operation. Talks will continue over the weekend.
AutoNews.com. Fri, 20 Apr 2018 06:17:17 EST. Subscription may be required.
GM's Korean unit has warned that it would file for bankruptcy if there isn't a restructuring deal by Friday, as the operation is running out of cash to pay employees and suppliers amid slumping sales.
AutoNews.com. Thu, 19 Apr 2018 11:40:53 EST. Subscription may be required.
Several months after filing for bankruptcy protection, Takata has reached a final buyout deal. Key Safety Systems, a global supplier of auto safety parts, will acquire the troubled airbag company for $1.6 billion. ...
Kelly Pleskot. Motor Trend. Tue, 21 Nov 2017 17:00:00 +0000.
Republican AGs borrow a page from their liberal colleagues and sue asbestos trusts for information about money they paid to Medicare and Medicaid beneficiaries.
By Daniel Fisher, Forbes Staff. Forbes. Mon, 20 Mar 2017 10:19:00 -0400.
DETROIT, Jan. 12, 2017 -- The crisis that erupted over faulty ignition switches in 2014 changed General Motors' culture more than its bankruptcy five years earlier did, GM product development chief Mark Reuss said. ...
PR Newswire. Thu, 12 Jan 2017 01:10:00 EST.
This bankruptcy category page lists editorially-reviewed websites and web pages that pertain to this topic.
The word bankruptcy is a noun. Bankruptcy means (1) a legal process intended to insure equality among the creditors of a corporation declared in bankruptcy, (2) inability to discharge all your debts as they come due, (3) a state of complete lack of some abstract property.