GM liability shield News

Supreme Court Rejects GM Use of Bankruptcy to Block Ignition Lawsuits

General Motors Co.’s bid to block hundreds of lawsuits, potentially worth billions of dollars, over a deadly ignition-switch defect broke down on Monday when the Supreme Court refused to hear its appeal claiming the suits were barred by the No. …

Old vs. New GM at Issue in Ignition Switch Class Action

General Motors Co. told a judge that claims in a $10 billion customer class-action over ignition flaws are “misleading” and should be dismissed. The 68 named plaintiffs in the group lawsuit argue that the design defect and alleged concealment at …

Losing Bankruptcy Liability Shield Could Cost GM $2 Billion

Jesse Salazar III says an ignition- switch flaw in his 2008 Chevrolet HHR has depressed its value, and he wants manufacturer General Motors Co. to make it up to him. GM will argue in court filings later today that it …