Private company
Motors Liquidation Company
Logo: Motors Liquidation Company, Public domain, via Wikimedia Commons3
American automotive company
Motors Liquidation Company (MLC), formerly General Motors Corporation, was the company left to settle past liability claims from Chapter 11 reorganization of the former American car manufacturer General Motors.2 Wikipedia text CC BY-SA 4.0
Last updated Oct 21, 2026.
Overview
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Motors Liquidation Company (MLC), formerly General Motors Corporation, was the company left to settle past liability claims from Chapter 11 reorganization of the former American car manufacturer General Motors. It exited bankruptcy on March 31, 2011, and was subsequently carved into five trusts: the first to settle the claims of unsecured creditors (General Unsecured Creditors Trust); the second to handle environmental cleanup for MLC's remaining assets (RACER Trust); the third (Asbestos Personal Injury Trust) to handle present and future asbestos-related claims (such as from braking systems);2
Timeline
- 1908Founded Founded in Flint1
Links
- WikipediaMotors Liquidation Company
- WikidataQ6918473
Sources
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