antonborisov

В The New York Times публикуют ответы на многие вопросы, связанные с банкротством GM.

Конечно, все на английском, но если кого-то это интересует, то — читайте.

Q. What’s the biggest difference between the G.M. and Chrysler cases?

A. Chrysler had reached an agreement to sell assets to Fiat before its case began. G.M. is trying to restructure on its own, with financing from the Treasury. The Treasury is providing G.M. with $30 billion in debtor-in-possession financing so it can operate while in bankruptcy, in addition to about $20 billion G.M. has already received. It is likely the Treasury will provide more scrutiny and guidance in the G.M. case, since such a large amount of taxpayer money is at stake.

Q. What happens to G.M. employees?

A. G.M. employees who are not union members do not have any job security. The company can ask a judge for an immediate pay cut for its salaried employees, and can announce job cuts and close offices, just as it can outside bankruptcy,

Contracts covering members of the United Automobile Workers union and other unions will remain in force, unless the company asks a judge to void them. But U.A.W. members approved changes last week, and the new G.M. is expected to honor that contract.

Q. Are pensions and retiree health care benefits protected?

A. The White House said Sunday that, assuming the sale went forward, G.M. workers’ pensions and health care benefits would transfer to the new company and remain in force.

Companies have the right under bankruptcy law to ask to terminate their pension plans. If pensions were terminated, employees would still receive about a third of their benefits through financing from the federal pension agency.

A company can also eliminate retiree health care benefits for nonunion employees; they would subsequently be covered by Medicare if they were 65 or older.