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Motors Liquidation Company

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Case overview

Case Number:

1:09-bk-50026

Court:

New York Southern

Nature of Suit:

Firms

Companies

Government Agencies

Sectors & Industries:

  1. December 15, 2017

    Top Product Liability Cases Of 2017

    The U.S. Supreme Court's decision to overturn a California high court's ruling that 600 nonresidents could pursue claims against Bristol-Myers Squibb over a blood thinner drug heads this year's list of top product liability cases, along with a bankruptcy ruling exposing General Motors to millions of claims not related to its infamous ignition switch.

  2. December 04, 2017

    Justices Won't Review Widow's Fraud Suit Against GM

    A widow whose husband and four children were killed in a car crash won't get another shot at overturning a settlement reached with General Motors Co. despite accusations the automaker hid evidence that could have proved her case, after the U.S. Supreme Court on Monday refused to take up the suit.

  3. October 18, 2017

    Ex-GM Worker Can't Sue Company Over Rape Conviction

    A former General Motors LLC employee can't pursue claims against the company that its employees' allegedly false testimony contributed to his wrongful rape conviction, since New GM isn't liable for alleged misconduct that occurred under Old GM, a New York bankruptcy judge said Wednesday.

  4. October 17, 2017

    Treasury Backs GM Trust's $1.5B Loan Clawback Appeal

    The U.S. government on Monday backed efforts to appeal a bankruptcy court's valuations of General Motors' assets in a clawback case over a $1.5 billion GM term loan, noting its interest in maximizing recoveries for the federally supported estate.

  5. October 11, 2017

    GM Trust Appeals Judge's $1.5B Loan Row Asset Valuations

    A General Motors creditors' trust on Tuesday asked to appeal a bankruptcy judge's ruling in a bellwether case on the nature and value of security interests in GM plant assets related to a $1.5 billion term loan, saying that the findings overlook the federal government's role as savior to the manufacturer in 2009.

  6. October 03, 2017

    GM Fights To Be In Bankruptcy Trial Over Revoked Defect Deal

    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.

  7. September 26, 2017

    GM Trust, Lenders Given Guidelines To Settle $1.5B Asset Suit

    A General Motors trust and hundreds of lenders were handed a rubric Tuesday in the form of a 205-page bankruptcy court opinion on how to settle a dispute over the nature and value of security interests in GM plants, related to a $1.5 billion term loan.

  8. September 20, 2017

    GM Gas Tank Defect Suit Revived By Bankruptcy Judge

    A New York bankruptcy judge on Tuesday allowed a woman allegedly burned by a defectively designed gas tank to move forward with her second attempt to hold General Motors LLC liable.

  9. September 13, 2017

    GM Trust Says Ditching $15M Defect Settlement Was Best Path

    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.

  10. September 12, 2017

    GM Plaintiffs Move To Enforce Revoked $15M Bankruptcy Deal

    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.