GM Bankruptcy Shields Company from Some Ignition Suits
April 15, 2015 at 20:59 PM EDT
A U.S. bankruptcy judge ruled Wednesday that General Motors' 2009 bankruptcy shields it from a large number of lawsuits over ignition switch defects. The judge rejected arguments made in class action suits that post bankruptcy GM (IW 500/5 ) should be liable for potentially billions of dollars worth of claims related to dangerously defective ignitions that dated to before the bankruptcy. read more