An unusual meeting took place this week at a law office high in a Times Square skyscraper. Lawyers from about 100 law firms participated, either in person or by phone. The agenda: solidifying a strategy for taking on General Motors in bankruptcy court.
Bankruptcy court was supposed to be a fading memory for the giant automaker. But on Friday, less than five months after declaring the era of “Government Motors” over and done with, the new G.M., which just completed its 17th consecutive profitable quarter, will be back before Judge Robert E. Gerber in the Federal Bankruptcy Court of the Southern District of New York, girding for a new fight.