FACTBOX: Key bankruptcy data for General Motors and U.S

Mon Jun 1, 2009 5:07pm EDT
 
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NEW YORK (Reuters) - General Motors Corp filed America's largest-ever industrial bankruptcy on Monday.

Heralding a new and uncertain era for the No. 1 U.S. automaker, GM filed for Chapter 11 bankruptcy protection at the U.S. Bankruptcy Court in the Southern District of New York.

Government support for GM is expected to total up to $60 billion. Nearly half of that money has already been extended this year in emergency aid.

The following are key bankruptcy data about General Motors and about other large U.S. bankruptcies:

-- GENERAL MOTORS CORP

* The largest automotive industry bankruptcy ever.

* The eighth public company bankruptcy of 2009 with pre-petition assets of $10 billion or more.

* The 30th public company bankruptcy of 2009 with pre-petition assets of $1 billion or more.

* The 45th historic public company bankruptcy with pre-petition assets of $10 billion or more.

* The 99th public company bankruptcy of 2009.

* $343,954,505,904 is the total figure for 2009's combined pre-petition public company bankruptcy assets.

The following is a list of the largest U.S. bankruptcies since 1980, according to court records and the website BankruptcyData.com:

COMPANY/YEAR TOTAL ASSETS

Lehman Brothers Holdings Inc (2008) $691,063,000,000

WorldCom Inc (2002) 103,914,000,000 General Motors Corp (2009) 82,000,000,000 *

Enron Corp (2001) 65,503,000,000 Conseco Inc (2002) 61,392,000,000  Continued...

 

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