Tag Links: gm recall, lawsuit

SHARE THIS ARTICLE

General Motors Co. has filed a motion in U.S. bankruptcy court asking a judge to protect the company from legal claims for actions that took place before it emerged from bankruptcy in 2009.

The motion was filed late Monday in the Bankruptcy Court for the Southern District of New York. A hearing has not been set.

GM’s filing asserts that the “numerous lawsuits” recently filed throughout the United States dealing with GM’s recall of cars with possible ignition switch problems are “retained liabilities” of the old GM, not the new company.

It says the recall involves vehicles “manufactured and sold by Old GM” and asks Judge Robert Gerber to protect the “new GM” from claims. The automaker wants the judge to rule on whether a growing number of lawsuits that are seeking economic damage compensation because of the ignition switch recall can proceed. It is asking the judge whether New GM can be sued for economic damages relating to vehicles and parts sold by Old GM. The automaker is asking the bankruptcy court to dismiss the cases and to order the parties to cease and desist from asserting similar claims against New GM.



Read Article


GM Files Motion In Bankruptcy Court For Protection From Ignition Lawsuits Without Injury

About the Author

Agent009