The Chrysler and General Motors Bankruptcies

Research Handbook on Corporate Bankruptcy Law, Barry Adler ed., 2019, Forthcoming

George Mason Law & Economics Research Paper No. 18-31

50 Pages Posted: 20 Sep 2018

See all articles by Todd J. Zywicki

Todd J. Zywicki

George Mason University - Antonin Scalia Law School, Faculty; PERC - Property and Environment Research Center

Date Written: September 19, 2018

Abstract

The bankruptcy proceedings of Chrysler and General Motors were filed at the height of the financial crisis that rocked the global economy in the late-2000s. Although both companies originally received federal financial bailouts to try to avert bankruptcy, within months they were forced to file bankruptcy in an unprecedented bankruptcy-bailout process. The bankruptcy proceedings that subsequently transpired were controversial at the time and remain controversial to this day. This chapter in the Research Handbook in Corporate Bankruptcy Law (Forthcoming 2019) reviews the controversial cases and their uncertain legacy for the future of chapter 11 practice and corporate bankruptcy law.

Keywords: Chrysler, General Motors, bailouts, financial crisis, TARP

JEL Classification: G28, G33, H81

Suggested Citation

Zywicki, Todd J., The Chrysler and General Motors Bankruptcies (September 19, 2018). Research Handbook on Corporate Bankruptcy Law, Barry Adler ed., 2019, Forthcoming ; George Mason Law & Economics Research Paper No. 18-31. Available at SSRN: https://ssrn.com/abstract=3252104

Todd J. Zywicki (Contact Author)

George Mason University - Antonin Scalia Law School, Faculty ( email )

3301 Fairfax Drive
Arlington, VA 22201
United States
703-993-8091 (Phone)
703-993-8088 (Fax)

PERC - Property and Environment Research Center

2048 Analysis Drive
Suite A
Bozeman, MT 59718
United States

Register to save articles to
your library

Register

Paper statistics

Downloads
66
Abstract Views
292
rank
335,477
PlumX Metrics