General Motors Co. customers kept their pressure on the automaker to share more information about its recalled cars, asking a bankruptcy court to let their probe of the company go forward after a judge in California halted it.
Irish Bank Resolution Corp., formed to complete the liquidation of Anglo Irish Bank Corp., asked a U.S. bankruptcy judge to approve the sale of loans with nominal balances totaling more than $19 billion.
A lawsuit against General Motors Co. in California over ignition-switch defects linked to 13 deaths was put on hold until a bankruptcy judge in New York rules on whether some compensation claims can be brought without violating a court order in the company’s 2009 reorganization.
Richard Ravitch, who helped New York weather its fiscal crisis in the 1970s, was named by the judge overseeing Detroit’s record municipal bankruptcy as a court adviser to help evaluate that city’s debt-cutting plan.
General Motors Co., which is fighting at least 37 lawsuits over faulty ignition switches, asked a bankruptcy judge to reaffirm a 2009 order freeing the automaker from most of its predecessor’s liabilities.
General Motors Co.’s bid to freeze a lawsuit over faulty ignition switches may compromise public safety, plaintiffs told a judge in California, calling the automaker’s claim that its 2009 bankruptcy shielded it from the old GM’s liabilities “irrelevant” and a “red herring.”