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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 automaker’s 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 it’s 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

1 posted on 04/15/2014 9:57:47 PM PDT by Olog-hai
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To: Olog-hai

Instead, they should just ask their ol’ buddy for a Presidential Pardon


2 posted on 04/15/2014 10:23:35 PM PDT by jcon40
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To: Olog-hai

Oh course they would the POSs.Anybody that buys agubmint motors deserves what they get.


3 posted on 04/15/2014 11:03:51 PM PDT by HANG THE EXPENSE (Life's tough.It's tougher when you're stupid.)
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To: Olog-hai

Pre-bankruptcy build liability will be passed off to the GM estate.


4 posted on 04/15/2014 11:43:54 PM PDT by tcrlaf (Well, it is what the Sheeple voted for....)
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To: Olog-hai
another 0'Muslim failure, if only Gov't Motors had...

5 posted on 04/16/2014 3:11:22 AM PDT by skinkinthegrass (The end move in politics is always to pick up a gun. Right..0'Caligula / 0'Reid? ;-)
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To: Olog-hai
Flashback:

U.S. will guarantee GM, Chrysler warranties, Obama says

6 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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