6.12.2014

Bankruptcy card starting to look a little worn

LAWYERS: GM SEEKS BANKRUPTCY SHIELD FROM LAWSUIT

"A federal bankruptcy judge in New York ruled in 2009 that the new GM is shielded from claims stemming from cars made before the company emerged from bankruptcy protection. Instead, the claims go against the old GM, which has limited assets. The judge now is being asked to decide if he will allow claims against the new company."

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