Aug. 12 (Bloomberg) -- General Motors Corp., which is liquidating in bankruptcy, paid its financial advisers $26.9 million in fees from June 1 to July 10, according to a court filing.

The old GM, which is what remains after the reorganized General Motors Co. emerged from bankruptcy court, has cash of $1.17 billion to wind down its operations, consisting of loans from the U.S. Treasury and Export Development Canada, it said in yesterday’s filing.

Old GM’s assets include 127 properties and 50 million shares in the new GM, plus warrants. “Substantially all” of the assets except for the shares were pledged to the Treasury and Export Development Canada, it said.

The case is In re General Motors Corp., 09-50026, U.S. Bankruptcy Court, Southern District of New York (Manhattan).

To contact the reporter on this story: Linda Sandler in New York at lsandler@bloomberg.net.

Last Updated: August 12, 2009 18:24 EDT