A federal bankruptcy judge on Thursday said a settlement agreement that would require General Motors Co. to pay $1 billion in stock to car owners suing the company over faulty ignition switches was not enforceable. Judge Martin Glenn of the …
General Motors Co. has now linked 47 crashes to small cars with defective ignition switches while saying it hasn’t increased the number of deaths tied to the accidents. “We have done a thorough analysis of all the information available to …
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 …
