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Counterpunch: GM Seeks to Block Ignition-Switch Lawsuits with Bankruptcy Shield

Counterpunch: GM Seeks to Block Ignition-Switch Lawsuits with Bankruptcy Shield
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Description: General Motors is invoking a clause from its 2009 bankruptcy that would block most of its customers from suing the automaker over faulty ignition switches. GM said it asked a federal bankruptcy court in New York—the same one which granted GM the right to waive all liability for products built before its $50 billion taxpayer-funded bankruptcy in June 2009—to exclude any lawsuits that don’t involve accidents or injuries. If approved, GM could wipe out a $350 million class-action lawsuit i

Counterpunch: GM Seeks to Block Ignition-Switch Lawsuits with Bankruptcy Shield was posted 4 years 11 months 6 days 14 hours ago · Source: carsphotogallery.com · 793 Views

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