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GM to ask bankruptcy court for lawsuit protection
Associated Press ^
| Apr 15, 2014 11:07 PM EDT
| Tom Krisher
Posted on 04/15/2014 9:57:47 PM PDT by Olog-hai
General Motors revealed in court filings late Tuesday that it will soon ask a federal bankruptcy judge to shield the company from legal claims for conduct that occurred before its 2009 bankruptcy.
The automakers strategy is in a motion filed in a Corpus Christi, Texas, federal court case, and in other cases across the nation that involve the defective ignition switches that have led GM to recall 2.6 million small cars.
The motion asks U.S. District Judge Nelva Gonzales Ramos to delay action on the lawsuit until the bankruptcy court rules and other federal courts decide if the case should be combined with other lawsuits. But GM says its not asking to halt action on a motion to force GM to tell customers not to drive their cars that are being recalled.
(Excerpt) Read more at hosted.ap.org ...
TOPICS: Business/Economy; Chit/Chat; Miscellaneous; Travel
KEYWORDS: bankruptcycourt; gm; governmentmotors; protection
posted on 04/15/2014 9:57:47 PM PDT
Instead, they should just ask their ol’ buddy for a Presidential Pardon
posted on 04/15/2014 10:23:35 PM PDT
Oh course they would the POSs.Anybody that buys agubmint motors deserves what they get.
posted on 04/15/2014 11:03:51 PM PDT
by HANG THE EXPENSE
(Life's tough.It's tougher when you're stupid.)
Pre-bankruptcy build liability will be passed off to the GM estate.
posted on 04/15/2014 11:43:54 PM PDT
(Well, it is what the Sheeple voted for....)
another 0'Muslim failure, if only Gov't Motors had...
posted on 04/16/2014 3:11:22 AM PDT
(The end move in politics is always to pick up a gun. Right..0'Caligula / 0'Reid? ;-)
posted on 04/16/2014 4:14:59 AM PDT
by Timber Rattler
(Just say NO! to RINOS and the GOP-E)
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