http://www.law360.com/ Latest articles for organization: General Motors Copyright 2009 Portfolio Media, Inc. en-US http://www.law360.com/images/headings/logo.gif http://www.law360.com/ http://www.law360.com/articles/132722 A fugitive former General Motors Corp. commodity manager has returned to the United States after evading custody for more than a year, pleading guilty Thursday in a kickback and fraud scheme involving the sale of bulk aluminum. http://www.law360.com/articles/132722 http://www.law360.com/articles/132653 A New York City judge approved Southfield, Mich.-based Lear Corp.'s plan of reorganization on Thursday in a bankruptcy hearing devoid of objections save an eleventh-hour letter from one wiped-out shareholder who did not show up to press the fight. http://www.law360.com/articles/132653 http://www.law360.com/articles/132244 General Motors Co. has scrapped plans to sell its majority stake in its European brands Opel and Vauxhall, deciding instead to hold on to the units and prompting mixed reactions from European labor unions. http://www.law360.com/articles/132244 http://www.law360.com/articles/128867 In two cases in 2000 and 2001, the U.S. Supreme Court decried what it perceived as product design trade dress litigation’s deleterious effect on competition. Here are the post-Wal-Mart and TrafFix “won-loss” records of product design trade dress plaintiffs, along with summaries of the published dispositions the various federal courts of appeal have made of their claims, says Thomas L. Casagrande of Locke Lord Bissell & Liddell LLP. http://www.law360.com/articles/128867 http://www.law360.com/articles/131535 Accused by federal regulators of falsifying Delphi Corp.’s financial records, the bankrupt auto parts supplier's former CEO J.T. Battenberg III has failed to prevent a jury from deciding his fate at trial. http://www.law360.com/articles/131535 http://www.law360.com/articles/131349 Delphi Corp. has settled a dispute with Appaloosa Management LP over the hedge fund's decision to pull out of a $2.55 billion financing deal that derailed the auto parts supplier's emergence from bankruptcy in 2008. http://www.law360.com/articles/131349 http://www.law360.com/articles/131317 A former salaried employee at Delphi Corp. told a U.S. Senate panel Thursday that the slashing of thousands of retirees' pensions through the company's bankruptcy process was at best unfair and at worst a violation of federal law. http://www.law360.com/articles/131317 http://www.law360.com/articles/131059 China has reportedly notified the United States of a formal anti-dumping and countervailing duty investigation that could result in new import duties on automobiles made by Chrysler Group LLC, Ford Motor Co. and General Motors Co. http://www.law360.com/articles/131059 http://www.law360.com/articles/130946 Ford Motor Co. said Wednesday that a consortium led by Zhejiang Geely Group Holding Co. Ltd. had become the preferred bidder in ongoing discussions to sell its Volvo car unit, but it cautioned that no final decisions had been made. http://www.law360.com/articles/130946 http://www.law360.com/articles/130272 Motors Liquidation Co. — what's left of the former General Motors Corp. in bankruptcy — has urged a federal judge to reject an appeal from product liability claimants who say a bankruptcy court should not have allowed General Motors LLC, or “New GM,” to buy the bankrupt automaker's assets free and clear of their tort claims. http://www.law360.com/articles/130272 http://www.law360.com/articles/130382 The European Commission reportedly set a deadline Monday to review Magna International Inc. and OAO Sberbank’s plan to acquire General Motors Corp.’s European unit Adam Opel GmbH. http://www.law360.com/articles/130382 http://www.law360.com/articles/130381 A federal judge has dismissed a proposed class action accusing Metropolitan Life Insurance Co. of unlawfully profiting from life insurance benefit accounts that were supposed to be under the sole control of life insurance beneficiaries, in violation of the Employee Retirement Income Security Act. http://www.law360.com/articles/130381 http://www.law360.com/articles/129962 Top executives at seven companies still receiving assistance from the U.S. government's $700 billion Troubled Asset Relief Program — including Bank of America Corp., General Motors Co. and American International Group Inc. — will see their pay slashed starting in November, the official charged with monitoring executive compensation at bailout companies said Thursday. http://www.law360.com/articles/129962 http://www.law360.com/articles/129690 The Obama administration's executive pay czar has reportedly decided to cut compensation by as much as 90 percent for the 25 top executives at seven companies — including Bank of America Corp., Citigroup and General Motors Co. — that received large amounts of federal bailout money from the Troubled Asset Relief Program. http://www.law360.com/articles/129690 http://www.law360.com/articles/129543 A federal judge has allowed a securities fraud lawsuit filed by a union pension fund against Dynex Capital Inc. over mortgage-backed bonds to continue, though he has narrowed the scope of the plaintiffs' factual claims. http://www.law360.com/articles/129543 http://www.law360.com/articles/129216 We expect the two Bankruptcy Court opinions for Chrysler and GM, and particularly the Second Circuit opinion in Chrysler, to serve as the standard by which all asset sales in the Second Circuit — and possibly throughout the United States — are measured, say John J. Rapisardi, Peter M. Friedman, Doug Mintz, Zachary Smith, Audrey Aden and Thomas M. Donigan of Cadwalader Wickersham & Taft LLP. http://www.law360.com/articles/129216 http://www.law360.com/articles/128176 San Francisco-based law firm Farella Braun & Martel LLP has hired bankruptcy expert Gary M. Kaplan, formerly of Howard Rice Nemerovski Canady Falk & Rabkin PC. http://www.law360.com/articles/128176 http://www.law360.com/articles/128053 Ford Motor Co. and the United Auto Workers union on Tuesday announced a tentative agreement regarding additional modifications to their 2007 contract that will help Ford improve its current and long-term domestic competitiveness. http://www.law360.com/articles/128053 http://www.law360.com/articles/127678 An appeals court has given Judicial Watch Inc. the go-ahead to pursue its lawsuit against the U.S. Department of Commerce, which the watchdog group says denied it access to meetings and documents for the North American Competitiveness Council, an international economic advisory council made up of business leaders from Chevron Corp., MetLife, Procter & Gamble and other corporations. http://www.law360.com/articles/127678 http://www.law360.com/articles/127575 General Motors Co. has finalized a deal to sell its Hummer brand to Chinese firm Sichuan Tengzhong Heavy Industrial Machinery Co. Ltd. for a reported $150 million in a deal helping the formerly bankrupt company reduce its bevy of brands. http://www.law360.com/articles/127575