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General Motors LCC v. Clark-Cutler-McDermott Company et al
Case Number:
2:16-cv-12246
Court:
Nature of Suit:
Judge:
Firms
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July 13, 2016
GM To Recover Assets, Pay $2.9M During Supplier's Ch. 11
General Motors and a longtime supplier reached a settlement deal in Massachusetts bankruptcy court Wednesday over inventory that will cost GM about $3 million, but allow the supplier to retain equipment that GM previously sought while the company continues its Chapter 11 proceedings.
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July 12, 2016
GM Jumps Into Supplier's Bankruptcy, Claiming Coercion
General Motors intervened in a supplier’s bankruptcy this week, claiming a longtime Massachusetts-based company has used the threat of shutting down the auto giant’s North American operations to try to gain millions of dollars in payments.