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Reply to "GM considering Chapter 11 filing, new company: report"

quote:
"One plan includes a Chapter 11 filing that would assemble all of GM's viable assets, including some U.S. brands and international operations, into a new company," the newspaper said. "The undesirable assets would be liquidated or sold under protection of a bankruptcy court. Contracts with bondholders, unions, dealers and suppliers would also be reworked."



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It probably depends on the terms and conditions of the Chapter 11 Bankruptcy and what is specified for warranties. The New Company that is formed might assume the warranties.

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