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– UPDATE, 1/24/2018: In a ruling last week, U.S. bankruptcy judge Martin Glenn said that while the trust “acted in bad faith” during negotiations, the settlement was nonenforceable since there were neither signatures nor any proof of an oral agreement between the parties. Hagens Berman, the firm alleging economic harm and consumer-protection violations, would have […]
– Lawyers behind a $ 10 billion class-action suit against General Motors for defective ignition switches are claiming the automaker blocked a settlement at the last minute that would have forced the company to pay potentially billions more in damages resulting from the 2014 scandal. – GM’s trust representing its pre-2009 bankruptcy assets, officially known as […]
