Thank you for sharing!

Your article was successfully shared with the contacts you provided.
GM CEO Mary Barra
(Bloomberg) — General Motors Co. customers won a key ally in their quest for $10 billion in compensation: the automaker’s bankrupt predecessor, which said switch defects were illegally hidden from consumers during the company’s 2009 bailout.

A trust that pays the bankrupt company’s creditors urged a judge to set aside earlier rulings that told the now-profitable GM it needn’t pay customers for price drops of older, recalled vehicles. Drivers who were denied their rights in his court five years ago are entitled to sue now, it said in a Dec. 16 court filing.

The trust and its creditors counted more than 170 lawsuits mounted during 80 recalls of over 30 million cars, many with defective switches that GM “has been aware of, and concealed, for years.” The automaker has no legal ground for asking the judge to shield it from customers, they said.

Want to continue reading?
Become a Free
PropertyCasualty360 Digital Reader.


  • All PropertyCasualty360.com news coverage, best practices, and in-depth analysis.
  • Educational webcasts, resources from industry leaders, and informative newsletters.
  • Other award-winning websites including BenefitsPRO.com and ThinkAdvisor.com.

Already have an account?



Join PropertyCasualty360

Don’t miss crucial news and insights you need to make informed decisions for your P&C insurance business. Join PropertyCasualty360.com now!

  • Unlimited access to PropertyCasualty360.com - your roadmap to thriving in a disrupted environment
  • Access to other award-winning ALM websites including BenefitsPRO.com, ThinkAdvisor.com and Law.com
  • Exclusive discounts on PropertyCasualty360, National Underwriter, Claims and ALM events

Already have an account? Sign In Now
Join PropertyCasualty360

Copyright © 2021 ALM Media Properties, LLC. All Rights Reserved.