GM bankruptcy News

‘Old GM’ Customer Loses Appeal Over Bankruptcy

A bankruptcy judge’s decision that a General Motors Co. customer failed to state a valid claim against the estate of so-called Old GM was upheld by a federal judge in Manhattan. Such rulings don’t get overturned unless the court’s findings …

GM Car Owners Allege Fraud in Challenging GM Bankruptcy Protection

General Motors Co.’s request for court protection from 50 car-owner lawsuits seeking compensation for millions of recalled autos with defective ignition switches was attacked as legally “unsupportable.” Car owners challenged GM’s position that it may compensate accident victims but not …

GM Ignition Defects Lawsuit in California Awaits Bankruptcy Ruling

A lawsuit against General Motors Co. in California over ignition-switch defects linked to 13 deaths was put on hold until a bankruptcy judge in New York rules on whether some compensation claims can be brought without violating a court order …

GM Asks Court to Enforce Bankruptcy Liability Shield Against Ignition Lawsuits

General Motors Co. filed a motion in a U.S. bankruptcy court to enforce a bar on lawsuits related to ignition defects in cars sold before its 2009 bankruptcy as it fights a class action lawsuit that seeks to set aside …

GM Bankruptcy Shield from Claims May Cut Payouts by Billions

General Motors Co.’s move to freeze ignition-defect lawsuits in California and Texas has solid legal precedent behind it and could help slash customer demands for compensation by billions of dollars. GM asked federal judges in both states last week to …

Bankruptcy Order Could Shield GM from Ignition Switch Claims

Lawyers looking to sue General Motors Co. after its global recall of 1.6 million vehicles over an ignition defect may find their path blocked by a judge’s order five years ago in the company’s reorganization. Allegations about deaths or economic …