Consent Decree: 2010 MLC ("Old GM") Settlement Agreement
Under the 2010 consent decree, Motors Liquidation Corporation (MLC) agreed to transfer ownership in 89 properties to an Environmental Response Trust (ERT or “Trust”) and initially fund the trust with $773 million in cash and other assets. The Trust will perform cleanup work pursuant to budgets approved by the lead agencies and reimburse the government. Additional information is available from the 2010 General Motors bankruptcy settlement agreement case summary.