Mexican Media Brands
Court Upholds Dismissal of $450 Million Retiree Claim Against GM
A federal appeals court has upheld a lower court dismissal of a lawsuit claiming General Motors Co. owed $450 million in medical benefits to workers at Delphi Automotive plc.
#legal
Share
A federal appeals court has upheld a lower court dismissal of a lawsuit claiming General Motors Co. owed $450 million in medical benefits to workers at Delphi Automotive plc.
The payment was part of a 2007 contract involving GM, Delphi and the United Auto Workers union. But the obligation was not part of the medical benefits contract signed between the UAW and "new" GM when the carmaker emerged from Chapter 11 bankruptcy restructuring in 2009.
A three-judge panel of the 6th Circuit Court of Appeals in Cincinnati agreed with a lower court that language in the 2009 contract specifically absolves new GM of responsibility for the pre-bankruptcy deal.
RELATED CONTENT
-
Federal Corruption Probe of FCA Spreads to GM
Federal prosecutors have charged another former United Auto Workers union executive—this one with links to General Motors Co.—in a continuing investigation into bribery and illegal kickbacks in Detroit.
-
Four Auto Companies Rank Among the World's Most Ethical
GM and Cooper Standard make the list for the first time, joining long-running honorees Aptiv and Cummins
-
Apple Engineer Accused of Stealing Self-Driving-Car Secrets
For the second time in six months, a Chinese nationalist working on Apple Inc.’s Project Titan autonomous car program in California has been charged with stealing proprietary data.