Motors Liquidation Company

Track this case

Case Number:

1:09-bk-50026

Court:

New York Southern

Nature of Suit:

Firms

Companies

Government Agencies

Sectors & Industries:

August 17, 2017
GM Accused Of Sabotaging $15M Deal With Consumers

General Motors Co. has been accused of secretly scheming to "callously" undermine a potential $15 million settlement between its bankruptcy trust and thousands of consumers, including those involved in the ongoing ignition switch multidistrict litigation, according to a letter filed in New York federal bankruptcy court Wednesday.
August 16, 2017
Judge Affirms Feds' $15M Infusion Into GM Litigation Trust

Old GM's unsecured creditors were right to accept a $15 million loan from Uncle Sam to pursue a $1.5 billion avoidance action over a prebankruptcy loan that was left unsecured thanks to a paralegal's mistake, a New York federal court said as it overruled one creditor's objection to the agreement.
July 26, 2017
GM Appeals Successor Liability Over Nonswitch Claims

General Motors is appealing a court ruling that widened the scope of its post-bankruptcy responsibility for defects in pre-bankruptcy cars, it said Tuesday, signaling that it will fight allegations of shifting and steering defects as doggedly as it pursued last year's unsuccessful appeals to snuff out liability for a well-known ignition switch defect.
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.
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.
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.
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.
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.
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.
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.

← Previous
1
2
3
4
5
6
7
8
9
Next →