Bankruptcy Judge Sets Schedule for GM ‘Economic Victims’ Fight

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A judge on Wednesday set a schedule for General Motors Co.'s bankruptcy court fight with the so-called "economic victims" of GM's ignition switch defect, urging both sides to work together toward a resolution. Judge Robert Gerber of U.S. Bankruptcy Court in Manhattan must ultimately decide, among other issues, whether his approval of a 2009 sale of the so-called "old GM" absolves "new GM" from lawsuits brought by those who say their cars lost value because of the ignition switch defect.

Source: http://blogs.wsj.com/law/2014/07/02/bankruptcy-judge-sets-schedule-for-gm-economic-victims-fight/?mod=WSJBlog

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