GM Ignition Switch Claims Resurrected By 2nd Circ.

Law360, New York (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...
To view the full article, register now.

Related

Sections

Case Information

Case Title

In re: Motors Liquidation Comp


Case Number

15-2844

Court

Appellate - 2nd Circuit

Nature of Suit

1422 STATUTES-Bkrup Appeals 801

Date Filed

September 9, 2015


Case Title

In Re: Motors Liquidation Comp


Case Number

15-2847

Court

Appellate - 2nd Circuit

Nature of Suit

1422 STATUTES-Bkrup Appeals 801

Date Filed

September 9, 2015


Case Title

In Re: Motors Liquidation Comp


Case Number

15-2848

Court

Appellate - 2nd Circuit

Nature of Suit

1422 STATUTES-Bkrup Appeals 801

Date Filed

September 9, 2015

Law Firms

Companies

Law360 UK

UK Financial Services

Read Our Latest UK Legal News & Analysis

Financial Services Law360 UK and Insurance Law360 UK provide breaking news and in-depth analysis on U.K. and European Union regulation, enforcement, legislation, and litigation involving banks, investment firms, insurers, and more.