(Bloomberg) -- General Motors Co. can’t be sued over mattersthat came before its 2009 bankruptcy, but may face claims overlater actions tied to cars made before the automaker’s governmentbailout, a judge ruled.

The question of GM’s so-called bankruptcy shield arose as partof the recall of millions of cars with defective ignition switches.The carmaker had argued that the 2009 bailout created a new companyfree of successor liability for the acts of “Old GM.”

Continue Reading for Free

Register and gain access to:

  • Breaking insurance news and analysis, on-site and via our newsletters and custom alerts
  • Weekly Insurance Speak podcast featuring exclusive interviews with industry leaders
  • Educational webcasts, white papers, and ebooks from industry thought leaders
  • Critical converage of the employee benefits and financial advisory markets on our other ALM sites, BenefitsPRO and ThinkAdvisor
NOT FOR REPRINT

© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.