Motors Liquidation Company

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Case Number:

1:09-bk-50026

Court:

New York Southern

Nature of Suit:

Firms

Companies

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August 09, 2018
GM Trust, Lenders Told To Resolve $1.5B Loan Row Quickly

A New York bankruptcy judge Thursday urged General Motors Co.'s bankruptcy trust and JPMorgan Chase Bank NA to pick up the pace following a bellwether ruling in 2017 intended to resolve a dispute over the nature and value of security interests in GM plants related to a $1.5 billion term loan.
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.
May 03, 2018
GM Trust Seeks OK For Ignition Switch Settlement

The bankruptcy trust of Old GM Thursday asked for approval from a New York bankruptcy court for a settlement over legacy ignition switch lawsuits that could cost the reorganized New GM $1 billion in stock depending on what number the court puts to the remaining claims.
April 27, 2018
GM Faces Potential $1B Payout Tied To Defective Switches

The bankruptcy trust of Old GM has reached a settlement over legacy ignition switch lawsuits that could cost the reorganized New GM $1 billion if it's approved by the New York bankruptcy court overseeing the case.
March 22, 2018
Mich. Residents Say New GM Must Face Groundwater Suit

Michigan residents suing General Motors over groundwater contamination urged a New York bankruptcy court on Wednesday not to curtail their claims, saying their due process rights were violated when, despite the car company's prebankruptcy knowledge of the issue, they weren't notified about proceedings that would affect their rights.
March 06, 2018
GM Seeks Stay In Mich. Groundwater Contamination Suit

General Motors LLC asked a Michigan federal judge on Monday to stay a putative class action alleging one of its testing facilities caused salt to seep into the surrounding groundwater, saying a New York bankruptcy court must first determine the extent to which the suit violates the company's 2009 bankruptcy sale agreement.
February 28, 2018
GM Asks Bankruptcy Court To Rein In Mich. Groundwater Suit

General Motors LLC asked a New York bankruptcy court on Tuesday to rein in a Michigan federal court lawsuit by local residents over groundwater contamination around a large testing ground, saying some claims are invalid under the company's 2009 bankruptcy sale and the residents are flouting court orders by continuing to press them.
February 09, 2018
Plaintiffs Want To Rework $1B Deal With GM Ch. 11 Trust

A group alleging damages from defects in old General Motors' cars Thursday asked a New York bankruptcy court for a few more weeks to rework a $1 billion settlement a GM bankruptcy trust backed out of last month, saying the trust has new management and counsel and a deal may still be possible.
January 18, 2018
Judge Rips Old GM, But Won't Enforce $1B Ignition Settlement

A New York bankruptcy judge refused on Thursday to enforce a deal worth perhaps $1 billion between a General Motors Corp. bankruptcy trust and hundreds of people hurt because of defective ignition switches in millions of its vehicles, but not without harsh words for the trust.
December 15, 2017
Top Product Liability Cases Of 2017

The U.S. Supreme Court's decision to overturn a California high court's ruling that 600 nonresidents could pursue claims against Bristol-Myers Squibb over a blood thinner drug heads this year's list of top product liability cases, along with a bankruptcy ruling exposing General Motors to millions of claims not related to its infamous ignition switch.

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