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VA Attorney General Wins Rights Fight WIth GM

We are pleased to report that Virginia's Attorney General Bill Mims, along with the Attorneys General of 36 other states, succeeded in winning the fight to retain the state franchise laws.

The court entered language agreed to by New GM and by the state attorneys general and attorneys who have been negotiating on behalf of dealers to make clear that state dealer laws will apply to the dealers going forward with participation agreements and that the bankruptcy court will not hear disputes about those agreements. This is a substantial change from the order originally proposed. 

Read The Full Report For July 6 By Clicking Here

Read The States Objection Here

Read The Washington Times Article On The State AGs' Effort Here

 

Updates For GM Dealers

Latest Update on the GM Bankruptcy Proceeding
July 6, 2009

The night of July 5th, the judge in the GM bankruptcy case entered an order approving the sale to New GM. The fifty page order was accompanied by a nearly ninety page decision discussing the legal basis for the order and its provisions... 

 

Letter to VA DMV Regarding GM Addendum
September 22, 2009

 

Read The Entire Update on the GM Bankruptcy
6 July 2009
(document will open in a new window in a PDF format)

Decision Approving GM Sale
6 July 2009
(document will open in a new window in a PDF format)

Amended Master Purchase Agreement
6 July 2009
(document will open in a new window in a PDF format)

Order Approving GM Sale
6 July 2009
(document will open in a new window in a PDF format)

  

Update on the GM Bankruptcy
22 June 2009
(document will open in a new window in a PDF format)
 

Ohio Objection to the GM Sale
22 June 2009
(document will open in a new window in a PDF format)
 

Update on the GM Bankruptcy
17 June 2009
(document will open in a new window in a PDF format)
 

Texas Objection
15 June 2009
(document will open in a new window in a PDF format)
 

Update on the GM Bankruptcy

Update on the GM Participation Agreement
09 June 2009
(document will open in a new window in a PDF format)
 

Update on the GM Letter
03 June 2009
(document will open in a new window in a PDF format)
 

 

NADA Meets With GM
On Friday, June 5, 2009, the National Automobile Dealers Association met with representatives of General Motors as requested by the Senate Commerce Committee.  Below is a link to a recap of this meeting provided by NADA.

Recap of NADA Meeting with GM -- UPDATED!
NADA Communication : June 9, 2009
(document will open in a new window in a PDF format)

 

Declaration In Support of Sale
GM Communication : June 4, 2009
(document will open in a new window in a PDF format)

GM Restructuring Wind Down Review Process 
GM Communication : June 4, 2009
(document will open in a new window in a PDF format)


15 June 2009
(document will open in a new window in a PDF format)
 

Update on the GM Bankruptcy
03 June 2009
(document will open in a new window in a PDF format)
 

DIP Order
03 June 2009
(document will open in a new window in a PDF format)
 

Tort Claimants
03 June 2009
(document will open in a new window in a PDF format)
 

Sale Process Order
03 June 2009
(document will open in a new window in a PDF format)
 

Update On GM Bankruptcy
02 June 2009
(document will open in a new window in a PDF format)

DIP Financing
02 June 2009
(document will open in a new window in a PDF format)

Essential Suppliers
02 June 2009
(document will open in a new window in a PDF format)

Continue Dealer Programs
02 June 2009
(document will open in a new window in a PDF format)

Administrative Expenses
02 June 2009
(document will open in a new window in a PDF format)

Administrative Expenses Order
02 June 2009
(document will open in a new window in a PDF format)

Warranties and Dealers Order
02 June 2009
(document will open in a new window in a PDF format)

Update On GM Bankruptcy
01 June 2009
(document will open in a new window in a PDF format)

Bankruptcy Petition
01 June 2009
(document will open in a new window in a PDF format)

 


 

Click here to open our key points for employees regarding the GM bankruptcy
01 June 2009
(document will open in a new window in a PDF format)

Click Here for Key Points For The Media
01 June 2009
(document will open in a new window in a PDF format)
 

 The Frog & The Scorpion
(document will open in a new window in a PDF format) 

 
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