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Product Liability Claimants' GM Sale Appeal Draws Fire

Law360, New York (October 26, 2009) -- 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.

Motors Liquidation Co. and New GM filed an answering brief Friday in the U.S. District Court for the Southern District of New York, asking the court to affirm the bankruptcy...

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