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Motors Liquidation Company

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Case overview

Case Number:

1:09-bk-50026

Court:

New York Southern

Nature of Suit:

Firms

Companies

Government Agencies

Sectors & Industries:

  1. June 13, 2018

    New GM Questions Scope Of Ch. 11 Defect Deal

    General Motors LLC is questioning whether a proposed bankruptcy court settlement over legacy ignition switch lawsuits could possibly cover a proposed class of 11.4 million people and cost the carmaker $1 billion in new stock even though only a few hundred individuals have filed Chapter 11 claims.

  2. October 03, 2017

    GM Fights To Be In Bankruptcy Trial Over Revoked Defect Deal

    General Motors Co. argued Tuesday it should get to participate in an upcoming trial over whether a vehicle defect settlement with car purchasers and accident victims that was never signed by a GM bankruptcy trust is enforceable, as the deal could require the manufacturer to hand over $1 billion in company equity.

  3. July 12, 2017

    New GM Out Of Reach For Car Defect Punitive Damages

    A New York bankruptcy judge found Wednesday that General Motors Co. is shielded from punitive damages from product liability claims based on its prebankruptcy actions.

  4. November 05, 2014

    GM Says Bankruptcy Bars Defect Claims Over Resale Value

    General Motors Co. told a New York bankruptcy court on Wednesday that it shouldn't have to face lawsuits over drops in vehicle value stemming from flaws — including faulty ignition switches that triggered a 2.6 million-car recall earlier this year — in cars it built and sold before its 2009 bankruptcy.

  5. September 02, 2014

    GM Seeks To Keep Ignition Switch Suits Out Of Calif. Court

    General Motors LLC urged a New York bankruptcy court on Friday to keep certain ignition-switch defect suits in that court because, despite plaintiffs' protests to the contrary, the California suit involves liabilities against GM's bankruptcy estate, not just against New GM.

  6. July 30, 2014

    Bankruptcy Judge Keeps GM Ignition Switch Case On Pause

    A New York bankruptcy judge on Wednesday denied a bid by plaintiffs to proceed with a proposed class action against General Motors Co. over an ignition switch defect, ruling that their suit — like nearly 90 other related cases — should be stayed while he considers whether GM can use its bankruptcy defense.

  7. October 21, 2013

    GM, Nova Scotia Bondholders' $1.5B Deal OK'd, Fees Denied

    A New York bankruptcy judge Monday approved a settlement that provides holders of bonds issued in Nova Scotia a combined $1.55 billion allowed claim against General Motors' estate, but denied a related bid for $1.5 million in attorneys' fees.

  8. May 02, 2013

    Old GM Judge Nixes Trust's Bid For $13.5M In Cleanup Costs

    A New York bankruptcy judge on Wednesday denied a request by an environmental trust established as part of the old General Motors Corp.'s wind-down process for another $13.5 million from the estate to clean up its contaminated properties.

  9. July 06, 2012

    Weil, Butzel, Kramer Pay $520K To End GM Ch. 11 Fee Fight

    Weil Gotshal & Manges LLP, Butzel Long PC and Kramer Levin Naftalis & Frankel LLP — counsel involved in General Motors Corp.'s bankruptcy proceedings — agreed Friday to pay nearly $520,000 in total to resolve a dispute with the fee examiner in the Chapter 11 case.

  10. June 27, 2012

    NY Town Claims $13M Shortfall In GM Superfund Deal

    The town of Salina, N.Y., on Wednesday objected to a $39.2 million settlement between the trust that succeeded bankrupt General Motors Co. and the U.S. Environmental Protection Agency, saying it underestimates the company's contributions to the town's cleanup costs by $13 million.

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