RK&O represents Appaloosa Management LP in GM Shareholder Proposals

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March 9, 2015

Richards Kibbe & Orbe LLP represented Appaloosa Management L.P. as a member of an investor group that submitted director nomination and share buyback proposals for the 2015 Annual Meeting of General Motors Company. In response to the proposals, on March 9, GM announced a new share buyback and capital allocation program and the investor group withdrew its proposals.  Bill Orbe, Scott Budlong, Michael Mann and Catherine Turgeon were on the team representing Appaloosa.  

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