GM Ignition Switch Claims Resurrected By 2nd Circ.
By Jonathan Randles (July 13, 2016, 12:55 PM EDT) -- The Second Circuit on Wednesday struck down bankruptcy decisions that shielded General Motors from liability related to ignition switch defects, saying a 2009 sale of the automakers' assets that provided the company with legal cover violated potential victims' rights to due process.
The federal appeals court reversed parts of a 2015 ruling by U.S. Bankruptcy Judge Robert Gerber in finding that the sale order could be used to enjoin claims related to the ignition switch defect. The decision examines the limits to which the new GM entity that was formed upon the completion of the bankruptcy sale is shielded by "free...
Stay ahead of the curve
In the legal profession, information is the key to success. You have to know what’s happening with clients, competitors, practice areas, and industries. Law360 provides the intelligence you need to remain an expert and beat the competition.
Access to case data within articles (numbers, filings, courts, nature of suit, and more.)
Access to attached documents such as briefs, petitions, complaints, decisions, motions, etc.
Create custom alerts for specific article and case topics and so much more!