Punitive Damages Partially Allowed Against New GM In Ignition Switch Case

(November 11, 2015, 2:13 PM EST) -- NEW YORK — The federal bankruptcy judge in New York presiding over the liquidation of Motors Liquidation Co., f/k/a General Motors Corp. (Old GM), on Nov. 9 ruled that with regard to the lawsuit against the company pertaining to defective ignition switches, punitive damages may be sought against New GM only to the extent that they are based on New GM’s knowledge and conduct (In re: Motors Liquidation Company, et al., f/k/a General Motors Corp., et al., No. 09-50026, S.D. N.Y. Bkcy.).

(Opinion available. Document #77-151125-001Z.)...
To view the full article, register now.