Justices Won't Hear GM's Appeal Of Bankruptcy-Shield Ruling
Law360, New York (April 24, 2017, 12:32 PM EDT) -- The U.S. Supreme Court on Monday refused to review a federal appeals court's decision that General Motors must bear responsibility for some of its predecessor company's actions even after a 2009 bankruptcy, potentially exposing it to hundreds of millions of dollars in liability over defective ignition-switch claims.
The U.S. Supreme Court said Monday it won't take up General Motors' petition arguing the Second Circuit undermined an important liability-shedding provision in the bankruptcy process. (AP) The news came Monday in a list of denied certiorari petitions. The Supreme Court, as usual, provided no details on its reasoning for the denial. However, the...
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