Tag Archives: General Motors

Toni Pilzner quoted in "GM, Bank of America, American Airlines Freeze Pension Plans," by Allen Smith – published by SHRM

General Motors (GM), Bank of America and American Airlines announced recently that they will freeze their pension plans.

GM announced on Feb. 16, 2012, that effective Sept. 30, 2012, it will freeze its defined benefit pension plan for U.S. salaried employees, who instead will receive contributions to a defined contribution plan.

“This initiative will affect GM’s U.S. salaried employees hired prior to Jan. 1, 2001. Salaried employees hired after that date are already covered by a defined contribution plan,” the company stated. 

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Lidings became GM’s legal counsel in Russia

Lidings, a leading Russian law firm dedicated to advising foreign companies on all aspects of Russian law becomes the legal counsel of the world’s major automotive company GM Motors in Russia.

According to GM’s representatives the main criteria for choosing legal counsel in Russia was the high level of professionalism demonstrated by Lidings’ team and the firm’s position in the market that favorably distinguishes it both in terms of specialization and industry expertise.

Currently the priority areas of cooperation are the issues of corporate law, handling complaints and court representation.

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