Mayer Brown acted as legal counsel to General Motors Holdings
LLC (GM) in connection with its joint venture with Lithium Americas
Corp. to establish a joint venture for the purpose of funding,
developing, constructing, and operating Thacker Pass in Humboldt
County, Nevada. The transaction will deliver $625 million of cash
and letters of credit from GM to Thacker Pass alongside the
conditional commitment for a $2.3 billion US Department of Energy
loan announced earlier this year.
The Mayer Brown team was led by partners Nina Flax and Pete Wolf
and was supported by partner Jennifer Zepralka and associates
Thomas Wu and Mitchell Carlson.
PRESS RELEASE
18 October 2024
Mayer Brown Advises General Motors On Joint Venture With Lithium Americas
Mayer Brown
Contributor
Mayer Brown is a distinctively global law firm, uniquely positioned to advise the world’s leading companies and financial institutions on their most complex deals and disputes. We have deep experience in high-stakes litigation and complex transactions across industry sectors, including our signature strength, the global financial services industry.
Mayer Brown acted as legal counsel to General Motors Holdings LLC (GM) in connection with its joint venture with Lithium Americas Corp. to establish a joint venture for the purpose of funding...