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Motors Liquidation Company

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Case Number:

1:09-bk-50026

Court:

New York Southern

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  1. May 23, 2017

    GM Slams Corvette Owners' Bid To Make Due Process Claims

    Forty Corvette owners can't claim that their right to due process was violated when General Motors didn't specifically inform them of bankruptcy proceedings, the automaker told a New York federal judge Monday, arguing that parties are bound by a court order even if they aren't formally notified of it.

  2. May 11, 2017

    GM, Car Buyers Spar Over Tronox Ruling In Bankruptcy Case

    A consolidated group of General Motors' car buyers seeking to bring claims related to vehicle defects against post-bankruptcy GM told a New York bankruptcy court Wednesday that the Second Circuit's recent Tronox decision does not stop them in their tracks, as the carmaker contends.

  3. May 05, 2017

    GM Trust, Lenders Wrap Testimony Phase In $1.5B Asset Row

    A General Motors trust seeking to recover transfers related to a $1.5 billion term loan wrapped up testimony Friday, with no indication of how the judge may rule, in a bellwether bankruptcy court trial to determine the nature and value of the lenders' security interests in GM plant assets.

  4. May 04, 2017

    2nd Circ. Won't Revive Widow's Challenge To GM Crash Deal

    A widow can't sue General Motors Co. for fraud after it allegedly hid documents to reach a more favorable settlement in a suit over the crash that killed her husband and four children, the Second Circuit ruled Wednesday, because she signed away her claims to a third party in that settlement.

  5. February 17, 2017

    Austrian Co. Can't Exit GM Suit Over $1.5B Loan

    A New York bankruptcy judge on Thursday told an Austrian company it can't use jurisdictional arguments to escape a lawsuit trying to recover transfers to hundreds of General Motors' former bank lenders related to a $1.5 billion term loan.

  6. February 14, 2017

    Austrian Co. Fights To Exit GM Suit Over $1.5B Loan

    An Austrian company fighting a lawsuit targeting hundreds of General Motors' former bank lenders to recover transfers related to a $1.5 billion term loan told a New York bankruptcy court on Tuesday that it should be dismissed from the case because it cannot be corralled under the court's jurisdiction.

  7. December 12, 2016

    GM Lenders Can't Seal Investor Info, Bankruptcy Judge Finds

    A Manhattan bankruptcy judge has declined to allow a group of General Motors' former lenders fighting the company over transfers related to a $1.5 billion term loan to seal information about their investors, saying the public's right to a transparent case outweighs privacy concerns.

  8. August 10, 2016

    GM Litigation-Funding Settlement With Treasury Scrutinized

    A New York bankruptcy judge hesitated Wednesday to greenlight an agreement between a General Motors trust, creditors and the U.S. Treasury Department that would divvy up proceeds from a billion-dollar lawsuit that seeks to recover proceeds from the automaker's former bank lenders.

  9. July 29, 2016

    Investment Managers Fight GM Trust Proposed Loan Deal

    Two investment management companies told a New York bankruptcy judge Friday that they're concerned about a recent proposal from a trust handling creditor claims in the GM bankruptcy case, saying the trust's attempt to get a loan will be more expensive than it appears on the surface.

  10. June 24, 2016

    GM Says Bankruptcy Sale Nixes Non-Switch Claims

    Drivers attempting to pursue claims against General Motors for injuries unrelated to its infamous ignition switch defect are violating GM's 2009 bankruptcy sale and subsequent court orders, and should not be allowed to proceed, the automaker reiterated to a New York federal bankruptcy judge on Thursday.

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