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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. February 14, 2017

    Austrian Co. Fights To Exit GM Suit Over $1.5B Loan

    An Austrian company fighting a lawsuit targeting hundreds of General Motors' former bank lenders to recover transfers related to a $1.5 billion term loan told a New York bankruptcy court on Tuesday that it should be dismissed from the case because it cannot be corralled under the court's jurisdiction.

  2. December 12, 2016

    GM Lenders Can't Seal Investor Info, Bankruptcy Judge Finds

    A Manhattan bankruptcy judge has declined to allow a group of General Motors' former lenders fighting the company over transfers related to a $1.5 billion term loan to seal information about their investors, saying the public's right to a transparent case outweighs privacy concerns.

  3. August 10, 2016

    GM Litigation-Funding Settlement With Treasury Scrutinized

    A New York bankruptcy judge hesitated Wednesday to greenlight an agreement between a General Motors trust, creditors and the U.S. Treasury Department that would divvy up proceeds from a billion-dollar lawsuit that seeks to recover proceeds from the automaker's former bank lenders.

  4. July 29, 2016

    Investment Managers Fight GM Trust Proposed Loan Deal

    Two investment management companies told a New York bankruptcy judge Friday that they're concerned about a recent proposal from a trust handling creditor claims in the GM bankruptcy case, saying the trust's attempt to get a loan will be more expensive than it appears on the surface.

  5. June 24, 2016

    GM Says Bankruptcy Sale Nixes Non-Switch Claims

    Drivers attempting to pursue claims against General Motors for injuries unrelated to its infamous ignition switch defect are violating GM's 2009 bankruptcy sale and subsequent court orders, and should not be allowed to proceed, the automaker reiterated to a New York federal bankruptcy judge on Thursday.

  6. June 21, 2016

    Drivers Say GM Restructuring Doesn't Bar Non-Switch Suits

    A group of people who were hurt in GM cars — but not by the company's infamous ignition-switch defect — asked a New York bankruptcy judge on Tuesday not to shut down their claims simply because the company went through a restructuring.

  7. November 09, 2015

    GM Ignition Switch Victims May Seek Punitive Damages

    A New York bankruptcy judge ruled Monday that plaintiffs may seek punitive damages against General Motors in litigation related to a widespread ignition switch problem that affected the company's vehicles, but restricted the type of evidence that can be presented to a jury.

  8. November 02, 2015

    Union Says GM Is Cheating Retirees Out Of $95M In Benefits

    GM was accused Friday in New York bankruptcy court of violating a 2009 settlement with workers by unilaterally altering the health insurance plans of employees who retired early under the deal, forcing them to pay higher premiums and allegedly cheating them out of $95 million worth of benefits.

  9. October 01, 2015

    GM Says Ignition Defect Can't Be Imputed Without Specifics

    General Motors LLC defended its argument Wednesday that plaintiffs suing the automaker over ignition switch defects can't hold it liable for the actions of the prebankruptcy version of the company, telling a New York bankruptcy court that the plaintiffs have stated no independent claims against New GM.

  10. September 22, 2015

    Ignition Switch Plaintiffs Say New GM Delayed Recall

    Plaintiffs suing General Motors LLC over injuries suffered from the automaker's ignition switch defect defended on Tuesday their quest for punitive damages against the post-bankruptcy iteration of the company, saying GM knew about the defect after emerging from Chapter 11 in 2009 but waited years to conduct a recall.