Judge Stays Older GM Ignition-Switch Lawsuits
The federal bankruptcy judge has agreed to stay rather than dismiss lawsuits filed against General Motors Co. about vehicles made before the company emerged from bankruptcy in 2009.
#legal
The federal bankruptcy judge has agreed to stay rather than dismiss lawsuits filed against General Motors Co. about vehicles made before the company emerged from bankruptcy in 2009.
The complaints were prompted by GM's belated recall last year of 2.6 million cars equipped between 2003 and 2011 with defective ignition switches.
Judge Robert Gerber ruled in April that GM is shielded by the terms of its bankruptcy from older claims. But he agreed with plaintiffs it would be "cumbersome" to dismiss the cases before a higher court rules on their appeal of his decision.
Gerber's stay does not affect the status of lawsuits involving recalled GM cars produced after the company's emergence from bankruptcy in July 2009.
RELATED CONTENT
-
Grand Jury Indicts Former FCA Executive In Union Payoff Scheme
A former labor relations executive at Fiat Chrysler Automobiles NV has been charged with making more than $2.2 million in illegal payments to himself and a United Auto Workers union official in Detroit.
-
Former VW Exec Schmidt Gets Maximum Sentence in Diesel Scandal
Oliver Schmidt—the former Volkswagen AG executive who pleaded guilty in August to lying about VW’s diesel pollution cheating—has received the maximum sentence of seven years in prison and a $400,000 fine.
-
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