Motors Liquidation Company formerly
General Motors Corporation, was the company left to settle past liability claims from
Chapter 11 reorganization of
General Motors. It exited bankruptcy on March 31, 2011 only to be carved into four trusts; the first to settle the claims of
unsecured creditors , the second to handle environmental response for MLC's remaining assets, a third to handle present and future
asbestos-related claims, and a fourth for litigation claims.