SOCIAL RESPONSIBILITY

The legality, Morality, and Social Responsibility of General the Motor



Abstract

In this study we try to explore the concept of “The legality, Morality, and Social Responsibility” in a holistic context. The main focus of the research is on “The legality, Morality, and Social Responsibility” and its relation with “GM Motors”. The research also analyzes many aspects of “The legality, Morality, and Social Responsibility” and tries to gauge its effect on “GM Motors”. Finally the research describes various factors which are responsible for “The legality, Morality, and Social Responsibility” and tries to describe the overall effect of “The legality, Morality, and Social Responsibility” on “GM Motors”.

Table of Content

Introduction1

Background2

Legal Section2

Application of Law to Topic and Legal Analysis3

Chapter 11 Proceedings5

Ethics7

Utilitarian Ethical Analysis7

Stakeholder, pleasure v. Pain, numerical model of utilitarianism8

Kantian Ethical Analysis9

Additional Ethical Analysis10

Social Responsibility Section11

Conclusion15

The legality, Morality, and Social Responsibility of General the Motor

Introduction

Few (if any) bankruptcy reorganizations in our history have been as important to the United States economy or have attracted as much notoriety as the 2009 restructurings of General Motors (GM). At stake were literally billions of dollars and hundreds of thousands of jobs. In stunning succession, first Chrysler (in 41 days) and then GM (in 39 days) rocketed through chapter 11 in a dizzying display of initiative, ingenuity, and power. Historians likely will mark the GM cases as two of the biggest success stories of the Obama administration. For but a measly few billion dollars, the American automotive industry, and at some level even the American economy, were saved, bringing us hope at a time of despair while mired in the throes of the Great Recession.

Those left to toil in the vineyards of corporate restructuring, though, must contend with the “law” produced by those two historic cases. While one might with considerable justification argue that GM were sui generis, and as a matter of law should be politely and discreetly ignored as once-in-a-century aberrations having more to do with political and economic necessity than with legal precedent that anyone should take seriously, we suspect (indeed, to a virtual certainty) that such will not be the case. The decisions rendered by the influential and respected federal courts in New York were framed as being squarely within the mainstream of current accepted bankruptcy convention, and undoubtedly will be happily embraced and put forward as gospel in future cases by the sophisticated elite of the reorganization bar who themselves crafted the very practices approved by the GM courts.

Legal Section

Although not technically a legal term, the phrase legal systems conceptualizes the distinctive manner in which a particular society's laws are administered and depicts the various historical traditions, body of laws, procedures, and institutionalized functional units that form complex operational systems governing human interaction in a society. Although a review of legal systems does not necessarily speak to an analysis of specific laws or areas of the law (i.e., criminal law, property, torts, etc.), it nevertheless includes what occurs when individuals resolve or avoid disputes and the manner by which ...