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US: bankruptcy judge believes GM could become accountable for ignition switch losses


US bankruptcy judge Robert Gerber said yesterday during a hearing in his Manhattan court that General Motors could lose some of its legal protection stemming from the company’s 2009 bankruptcy sale. The judge contended that he would only consider narrowing the defense mechanisms offered to the largest US automaker if General Motors is found guilty of having violated car owners' constitutional ...
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US: GM owners still have a chance to open $10 billion ignition switch lawsuit
Drivers of older Chevy Cobalts, Saturn Ions and of other models that were affected by the huge string of recalls linked to faulty ignition switches have a new chance this ...
Spyker secures court win against bankruptcy
Dutch supercar maker Spyker had been struggling financially for quite some times now, but in a recent turn of events the company caught a break and secured a positive result ...
GM’s bankrupt predecessor helps customers get the $10 billion compensation
General Motors customers gained a new friend in their run for the compensation worth $10 billion. The automaker’s bankrupt predecessor says that the ignition switch defects were illegally hidden from ...
Spyker declares bankruptcy
On Tuesday, Spyker, the Dutch sportscar maker which owned Saab, was declared bankrupt when not succeeding to secure a loan that would revive its finances and restructuring. Founded in 2000, the ...
GM and Chrysler bankruptcy supported by Canadian misinformation
According to recent findings of federal auditors, Canada’s government had very little overall information concerning the restructuring strategies of the two Detroit automakers back in 2009. With two of the largest ...
US: GM’s bankruptcy judge ready to retire
Robert Gerber, the New York bankruptcy judge that has guided General Motors through its 2009 government sponsored bankruptcy process and is now involved in the fallout of the company’s ignition ...
US: the automakers did their part in helping Detroit get out of bankruptcy
The big three US automakers have incredible historic ties with the Michigan city of Detroit, and decided not to stand by as the metropolis fought a huge crisis – its ...
US: GM says it’s not accountable for pre-2009 safety issues
General Motors posted a court filling this week in which the company claims it shouldn’t be held accountable for safety issues that arose before it exited bankruptcy back in 2009. The ...
US: bankruptcy judge says GM committed fraud if it purposely hid the switch defect
US Bankruptcy Judge Robert Gerber held a hearing in his New York court on whether plaintiffs seeking compensation over the lost value of their GM cars could go on with ...

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