GM Can't Sue Asbestos Trust For Wrongful Death Contribution

Law360, New York (July 25, 2017, 9:41 PM EDT) -- A New York bankruptcy judge ruled Monday that General Motors LLC cannot bring suit against an asbestos trust to recover funds paid to the widow of a former employee to settle asbestos exposure claims due to a longstanding "channeling injunction" that bars exposure litigation.

In a written opinion, U.S. Bankruptcy Judge Cecelia G. Morris said that GM was correct to seek a declaratory judgment regarding its rights to sue defendant Manville Personal Injury Settlement Trust — one of two created after the 1982 bankruptcy of Johns-Manville...
To view the full article, register now.
Law360 Pro Say Podcast
Check out Law360's new podcast, Pro Say, which offers a weekly recap of both the biggest stories and hidden gems from the world of law.