The federal judge who once steered the future of a bankrupt General Motors Co. is again in the driver’s seat, setting out rules for a fight over billions of dollars in claims tied to ignition switch defects.
General Motors Co. previewed how it may handle some death and injury lawsuits triggered by faulty ignition switches when it moved an already-settled case from state to federal court after the plaintiffs tried to revive their claim.
L. Kevin Kelly, CEO at Heidrick & Struggles International Inc., talks with Bloomberg's Margaret Brennan about the lack of management talent available in the current job market. They speak on Bloomberg Television's "InBusiness With Margaret Brennan." (Source: Bloomberg)
If everyone had kept quiet, it could have been the most valuable parking spot on earth. Convenient only to the careworn clothing stores clustered in the southern end of downtown Nogales, Arizona, it offered little to shoppers, and mile-long Union Pacific trains sometimes cut it off from much of the city for 20 minutes at a time.