On June 1, 2009 the ISDA Credit Derivatives Determinations Committee for the Americas resolved that a Bankruptcy Credit Event occurred in respect of General Motors Corporation and on the same day resolved that an auction would be held. This page contains details of the DC Resolutions, auction documentation and other items relating to the auction for General Motors.
Please note that the auction is scheduled for Friday June 12.
Further documentation relating to the auction will be added as it becomes available
Event Publicly Available Information:
Citi has submitted to ISDA the Chapter 11 Voluntary Petition of the Reference Entity as background for the determination of the question.
| Auction Timeline: | ISDA Credit Event Timeline |
| List of Participating Bidders: | List of Participating Bidders |
| Deliverable Obligations: | Final ListSubmission of Potential Deliverable Obligations and Challenges |
| Final Auction Terms: | GM Auction Settlement Terms |
| Blackline Auction Terms: | Blackline against Syncora Form of Auction Settlement Terms |
| Frequently Asked Questions: | GM FAQs |
| Press Release: | ISDA to Publish Auction Terms for General Motors |