GM, Drivers In Push For Global Deal On Economic Damages
Law360, New York (August 15, 2019, 3:50 PM EDT) -- General Motors and drivers claiming economic damages over faulty ignition switches are set to make a big push to settle in coming weeks, counsel for the sides told the Manhattan federal judge handling the massive litigation on Thursday.
Owners of millions of recalled vehicles and the $52 billion, Detroit-based automaker plan to huddle with mediator Layn Phillips on Sept. 11, plaintiffs' counsel Steve Berman told U.S. District Judge Jesse M. Furman. The sides will devote "all our energies" to hammering out a global deal, Berman said.
Hearing that, Judge Furman suggested that most briefing in the economic-loss prong of the mutlidistrict...
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