Joseph Smolinsky recently wrote a publication called Retooling General Motors: Defending an Innovative Use of the Bankruptcy Code to Save American’s Auto Industry in the Brooklyn Journal of Corporate, Financial & Commercial Law.
Below is a an excerpt:
The “bailout of General Motors Corporation (GM) has been criticized in many circles as the pursuit of a socialist agenda, the perpetuation of an ongoing problem of moral hazard, or simply an example of a bad business blunder that would never be replicated in the private sector. But, as this Article will point out, it was none of those things.
If you are interested in receiving a copy of the publication (hard copy only available), please contact Jeanette Ponce.