GM bankruptcy ruling News

Supreme Court Rejects GM Appeal of Ignition Switch Ruling

The Supreme Court on Monday turned away an appeal from General Motors Co. seeking to block dozens of lawsuits over faulty ignition switches that one plaintiffs’ attorney said could expose the company to billions of dollars in additional claims. The …

Car Owners to Continue Fight With GM for Billions After Bankruptcy Ruling

General Motors Co. car owners will still seek $7.5 billion for the diminished value of recalled vehicles, despite a ruling that largely freed the automaker from liability for wrongdoing before its 2009 bankruptcy. That number was supplied by a lawyer …