IN RE MOTORS LIQUIDATION CO.

No. 09-50026 (REG).

447 B.R. 198 (2011)

In re MOTORS LIQUIDATION COMPANY, et al., f/k/a General Motors Corp., et al., Debtors.

United States Bankruptcy Court, S.D. New York.

March 7, 2011.


Attorney(s) appearing for the Case

Weil, Gotshal & Manges LLP, By: Harvey R. Miller, Esq. , Stephen Karotkin, Esq. (argued), Joseph H. Smolinsky, Esq. (argued), Michele J. Meises, Esq. , Pablo Falabella, Esq. , New York, NY, By: David R. Berz, Esq., Washington, DC, for Debtors and Debtors in Possession.

Kramer Levin Naftalis & Frankel LLP, By: Thomas Moers Mayer, Esq. (argued), Robert Schmidt, Esq. , New York, NY, Counsel for the Official Committee of Unsecured Creditors.

Butzel Long, PC, By: Barry N. Seidel, Esq. (argued), New York, NY, Special Counsel for Official Committee of Unsecured Creditors.

Caplin & Drysdale, Chartered, By: Ronald E. Reinsel, Esq. (argued), Washington, DC, Counsel for the Official Committee of Asbestos Claimant Creditors.

Stutzman, Bromberg, Esserman & Plifka, PC, By: Sander L. Esserman, Esq. (argued), Robert T. Brousseau, Esq. , Peter C. D'Apice, Esq. , Jo E. Hartwick, Esq. , Dallas, TX, for Dean M. Trafelet in his Capacity as the Future Claimants' Representative.

Preet Bharara , United States Attorney for the Southern District of New York, By: David S. Jones, Esq. (argued), Deputy Chief, Civil Division, Natalie N. Kuehler, Esq. (argued), Assistant United States Attorney, New York, NY, for the United States of America.

United States Department of Justice, By: Alan S. Tenenbaum, Esq. , National Bankruptcy Coordinator, Washington, DC, By: Patrick Casey, Esq. , Senior Counsel, Environmental Enforcement Section, Environment and Natural Resources Division, for the United States of America.

Vedder Price, By: Michael L. Schein, Esq. (argued), New York, NY, for Export Development Canada.

Gibson, Dunn & Crutcher LLP, By: Matt J. Williams, Esq. (argued), Keith R. Martorana, Esq. , New York, NY, Counsel for Wilmington Trust Company, as Indenture Trustee.

Kelley Drye & Warren LLP, By: David E. Retter, Esq. (argued), New York, NY, for Law Debenture Trust Co. of New York as Indenture Trustee.

Morgan, Lewis & Bockius LLP, By: Richard S. Toder, Esq. (argued), Andrew D. Gottfried, Esq. , Annie C. Wells, Esq. , New York, NY, for JPMorgan Chase Bank, N.A., as Agent.

Eric T. Schneiderman , Attorney General of the State of New York, By: Maureen F. Leary, Esq. (argued), Assistant Attorney General, Albany, NY, for the State of New York and New York State Department of Environmental Conservation.

The Wladis Law Firm, PC, By: Kevin C. Murphy, Esq. , Syracuse, NY, for Onondaga County, New York.

Department of Law, By: Luis A. Mendez, Esq. (argued), Syracuse, NY, for Onondaga County, New York.

Harris Beach PLLC, By: Eric H. Lindenman, Esq. (argued), New York, NY, By: Lee Woodard, Esq. , Syracuse, NY, for Town of Salina.

Kamala Harris , Attorney General of California, By: Margaret Padilla, Esq. , Olivia W. Karlin, Esq. (argued), for California Department of Toxic Substances Control.

Greenberg Traurig, LLP, By: Bruce R. Zirinsky, Esq. (argued), Nancy A. Mitchell, Esq. , John H. Bae, Esq. , Gary D. Ticoll, Esq. , New York, NY, for Nova Scotia Noteholders Appaloosa Management L.P., Aurelius Capital Management, LP, Elliott Management Corporation, and Fortress Investment Group LLC.

Akin Gump Strauss Hauer & Feld LLP, By: Daniel H. Golden, Esq. , Philip C. Dublin, Esq. (argued), Natalie E. Levine, Esq. , New York, NY, for Green Hunt Wedlake, Inc., as Trustee of General Motors Nova Scotia Finance Company.

Kirkland & Ellis LLP, By: Richard M. Cieri, Esq. , Ray C. Schrock, Esq. , New York, NY, By: Mark E. McKane, Esq. (argued), San Francisco, CA, Counsel to New United Motor Manufacturing, Inc.

Erman, Teicher , Miller, Zucker & Freedman, P.C., By: Dianne S. Ruhlandt, Esq. , Southfield, MI, for Centerpoint Associates, LLC.

Windels, Marx, Lane & Mittendorf, LLP, By: Stefano V. Calogero, Esq. , Madison, NJ, for Allstate Insurance Company, as successor in interest to Northbrook Excess and Surplus Insurance Company, formerly Northbrook Insurance Company.

Barnes & Thornburg LLP, By: Patrick E. Mears, Esq. , John T. Gregg, Esq. , Grand Rapids, MI, for M-Heat Investors, LLC.

Hangley Aronchick Segal & Pudlin, By: Matthew A. Hamermesh, Esq. , Jacqueline R. Dungee, Esq. , Philadelphia, PA, for NCR Corporation.

Tracy Hope Davis , United States Trustee, By: Brian S. Masumoto, Esq. , New York, NY.


BENCH DECISION1 ON OBJECTIONS TO CONFIRMATION

ROBERT E. GERBER, Bankruptcy Judge.

In this contested matter in the chapter 11 cases of debtor Motors Liquidation Company, formerly known as General Motors Corp. ("Old GM") and its affiliates (collectively, the "Debtors"), the Debtors seek confirmation of their chapter 11 plan (the "Plan"). While necessarily complex in aspects of its implementation...

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