product liability and bankruptcy News

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 …