Motors Liquidation Company (fka MTLQQ)

[puppydotcom]

DB45, this is how I read it
there is essentially two bks going on here (easier to explain)
one is the good company (the 363b sale) and the other is the bad company sale/liquidation of the old company (bad assets and debts)

new company is expected to be discharged from chapter 11
in 30 to 90 days .. it will be a private company (guess is around a year) and will not trade, no stock, not liquid ... no common shareholders like today

the old company (GM) will remain in bk, remaining assets to be sold off or liquidated ... and the old GM will be gone forever
it will still trade until the trustee closes it all down ..