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News stories tagged with "auto-bailout"

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$2,000 or $12 million? GM plant assessment may end up in court
(07/30/10) A $12 million dispute over the former General Motors engine plant in Massena may soon end up in court.

The plant shut down permanently last year. When GM declared bankruptcy it spun off a holding company to handle its shuttered properties. This includes the site on the St Lawrence River in Massena.

Motors Liquidation Corp. is suing the town for a re-assessment of the property. Executives say it should have a value of $2,000 dollars. Town officials say the 224-acre waterfront property, with its 890,000 square foot building, is worth $12 million. more

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Lost Bike Found After 41 Years; Then, The Story Gets Weird
The spin that one British newspaper has put on this otherwise unremarkable story may give you a laugh. So might the video that the <em>Cape Cod Times</em> produced.
 
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