© 2025 WFAE

Mailing Address:
WFAE 90.7
P.O. Box 896890
Charlotte, NC 28289-6890
Tax ID: 56-1803808
90.7 Charlotte 93.7 Southern Pines 90.3 Hickory 106.1 Laurinburg
Play Live Radio
Next Up:
0:00
0:00
0:00 0:00
Available On Air Stations

General Motors Returns To Federal Bankruptcy Court

STEVE INSKEEP, HOST:

NPR's business news starts with General Motors back in court.

(SOUNDBITE OF MUSIC)

INSKEEP: GM returns to federal bankruptcy court this morning. You will recall that company filed for bankruptcy back in 2009 and they are now asking a judge to enforce one of the provisions of that bankruptcy deal. The provision protects GM from lawsuits over automobile accidents that occurred before that time.

This comes as GM is facing class-action lawsuits over those defective ignition switches in millions of cars that were linked to 13 deaths. Lawyers for plaintiffs in those cases say GM covered up the problem during its bankruptcy proceedings and therefore should not be protected from losses. Transcript provided by NPR, Copyright NPR.

Tags
Morning Edition