October 03, 2017
General Motors Co. argued Tuesday it should get to participate in an upcoming trial over whether a vehicle defect settlement with car purchasers and accident victims that was never signed by a GM bankruptcy trust is enforceable, as the deal could require the manufacturer to hand over $1 billion in company equity.
September 13, 2017
A General Motors bankruptcy trust handling creditor claims on Tuesday defended its last-minute decision to back out of a $15 million settlement with car purchasers and accident victims over alleged vehicle defects, saying it made more sense to accept GM's offer to pay defense litigation costs.
September 12, 2017
A group of car owners and claimholders alleging damages from defects in old General Motors' vehicles asked a New York federal court Monday to enforce a $15 million settlement with a bankruptcy trust that was all but signed before the manufacturer allegedly undermined the deal.
August 17, 2017
General Motors Co. has been accused of secretly scheming to "callously" undermine a potential $15 million settlement between its bankruptcy trust and thousands of consumers, including those involved in the ongoing ignition switch multidistrict litigation, according to a letter filed in New York federal bankruptcy court Wednesday.
August 10, 2017
A New York federal judge said Wednesday that he will reconsider claims brought by people who bought General Motors vehicles but sold them prior to any recalls, finding he painted with "too broad a brush" when dismissing all such claims from the ignition switch defect multidistrict litigation in late June.
July 27, 2017
General Motors on Wednesday asked a New York federal court to uphold an order that dismissed damages claims by drivers who owned its cars but sold them off before news of the alleged design defects broke, saying the drivers' attempts to undo the ruling make no sense.
July 19, 2017
A New York federal jury found Wednesday that a General Motors ignition switch didn't cause an Arizona driver to rear-end another car in Tucson morning traffic, giving the automaker a win in the first of six planned bellwether trials.
July 18, 2017
In closing arguments Tuesday in a federal bellwether trial against General Motors over allegedly defective ignition switches, an Arizona driver argued that the trial itself has been part and parcel of a cover-up and "concealment" strategy that GM faithfully follows to this day.
July 17, 2017
General Motors brought an engineering expert to the stand Monday in a bellwether trial over its ignition switches who testified that even if a switch fails specifications, that's not necessarily something that consumers should worry about.
July 11, 2017
General Motors began a new round of federal trials Tuesday over 2000s-era ignition switches that could cut cars' power without warning, telling a Manhattan jury that a modified switch was a different animal from its more infamous predecessor and had no role in an Arizona man's crash.