Judge Puts $10 Billion Worth Of Lawsuit On Hold Until Courts Can Determine If GM Lied While Filing Bankruptcy

A federal bankruptcy judge said Wednesday he was putting on hold dozens of ignition switch lawsuits against General Motors Co. until an appeals court rules on whether the Detroit automaker has bankruptcy immunity.

The Detroit automaker had asked U.S. Bankruptcy Judge Robert Gerber to toss out the lawsuits after his ruling on April 15 that said the automaker would not have to face the suits — and as much as $10 billion in damages — stemming from its decade-long failure to disclose an ignition-switch defect that has been blamed for more than 300 deaths and injuries.

Agent009 - 5/28/2015 9:49:39 AM

-2 Boost

If GM is found guilty of covering up defective cars then lord have pity on them. The lawyers while have them tied up for decades.

quizz - 5/28/2015 1:40:36 PM

+3 Boost

GM should face CRIMINAL prosecution like anybody else who did this - let's see, I knowingly lied about the ingredients in my lemonade that ended up killing 107 people, yeah, right, I don't think the government is going to offer me a free ride in return for a piddly fine that's no more than 20% of my annual gross income for the next 2 years.