Wilmington Trust is successor indenture trustee for certain unsecured debt securities issued by General Motors Corporation. If you have questions about these securities, please call 1-866-521-0079 Monday through Friday from 8:00 a.m. to 5:30 p.m. (Eastern). If you are calling from outside the United States, please click here for additional instructions.

Wilmington Trust Company serves as indenture trustee for holders of bonds issued by General Motors Corporation (GM), now known as Motors Liquidation Company, under two separate indentures. While these bonds were performing, Wilmington Trust Company executed the administrative tasks associated with the bonds.

On June 1, 2009, GM and three domestic subsidiaries filed voluntary petitions for relief under chapter 11 of the United States Bankruptcy Code in the United States Bankruptcy Court for the Southern District of New York. As a result of the bankruptcy filing, the bonds for which Wilmington Trust Company serves as indenture trustee ceased performing. GM is no longer making periodic interest payments on these bonds, and any actions to collect amounts due and owing on the bonds are barred by the imposition of a court ordered "stay" on such actions.

Shortly after GM filed for bankruptcy, it sold substantially all of its assets to a newly formed company (NewCo) pursuant to Bankruptcy Court authorization. In exchange for the sale of its assets, GM received, among other compensation, 50 million shares of the common stock of NewCo and warrants to acquire 90.9 million additional shares of NewCo common stock. Following this sale, GM changed its name to "Motors Liquidation Company" and NewCo changed its name to "General Motors Company." As a result of the sale transaction and the subsequent name changes, bondholders of former “General Motors Corporation” are now bondholders of Motors Liquidation Company, whose primary assets are the stock and warrants in General Motors Company received in the sale transaction.

Bondholders of Motors Liquidation Company can generally expect to receive common stock and warrants in General Motors Company on account of their bonds, rather than cash, as the stock and warrants represent substantially all of the remaining assets of Motors Liquidation Company. The number of shares of common stock and warrants each bondholder will receive is currently unknown. This uncertainty is due to the fact that the number of holders of allowed claims against Motors Liquidation Company, and the size of such allowed claims, is currently unknown. On November 29, 2010, all holders of claims against Motors Liquidation Company were required to file formal "proofs of claim" as a prerequisite to receiving a share of the Motors Liquidation Company estate. A large number of potential claimants filed such proofs of claim, and Motors Liquidation Company is currently in the process of determining the proper number and amount of allowed claims.

Ultimately, the distribution of stock and warrants to claimholders (including bondholders) will be performed pursuant to a plan of liquidation that will be subject to Bankruptcy Court review and approval. The plan of liquidation will serve as the instructions for such distributions on a go forward basis. Currently, Motors Liquidation Company has not filed a plan of liquidation with the Bankruptcy Court, and it is uncertain when such plan will be forthcoming. Wilmington Trust Company will provide additional information related to the plan of liquidation when it becomes available.

The purpose of this website is to provide updated information concerning the bankruptcy case of Motors Liquidation Company to holders of bond issuances for which Wilmington Trust Company continues to serve as indenture trustee. In addition to maintaining this website, Wilmington Trust Company provides a call center and sends periodic notices to bondholders to ensure that all bondholders receive the most up to date information.

Below is a summary of each of the key features of this website:

• FAQ – This section of the website provides brief answers to the most common questions Wilmington Trust Company receives. Please note that this section is intended to provide answers to very general questions, and thus cannot be comprehensive. For further information on any of the questions and answers presented in the FAQ section, please contact the Wilmington Trust Company call center.
• Notices – This section of the website provides copies of each of the notices delivered by Wilmington Trust Company (through the Depository Trust Company) to the bondholders via mailing.
• Links – This section of the website provides web-links to third party sites which may be of interest to bondholders, including the official website for Motors Liquidation Company. Wilmington Trust Company does not monitor the information contained on these third party websites, and cannot verify content or accuracy.
• Proof of Claim – This section of the website provides copies of the proofs of claim filed by Wilmington Trust Company on behalf of all bondholders who are owed principal and interest for bonds issued under the two indentures for which Wilmington Trust Company serves as indenture trustee.