Apple may or may not be building a car to battle Tesla, but the tech giant is in trouble with A123 Systems for poaching the latter’s employees.
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Should a federal judge decide General Motors acted in the wrong during bankruptcy proceedings, the automaker may see its protections considerably narrowed.
Nine years after a 1996 Camry with an accelerator defect led to a fatal accident in Minnesota, Toyota was found at fault and ordered to pay $11 million.
The deadline for filing a claim with General Motors victim compensation fund now passed, Kenneth Feinberg says no offer has been rejected thus far.
The dream of the Nineties may live on in Portland, Ore., but for Uber, it’s a nightmare that’s just beginning.
Consumers looking to file a lawsuit against Takata over its defective airbags may be waiting a little while longer to do so.
Going its own way, Arizona has filed a $3 billion lawsuit against General Motors over the February 2014 ignition switch recall.
Fiat Chrysler Automobiles CEO Sergio Marchionne has been ordered by a Georgia judge to give a deposition as part of a lawsuit made against his company by a family whose son was killed in a rear-end crash involving a Jeep.
It’s official: the first bellwether trial involving a lawsuit against General Motors over its role in the February 2014 ignition switch recall is set for January 2016.
Should companies in the future need to be bailed-out by the federal government, they may not be so forthcoming with the necessary information if General Motors’ confidential documents linked to its own bailout see the light of day.
Clutching dearly onto their fleet of Panthers, New York’s taxi industry is heading up to Albany to contest the $1 billion plan to replace their vehicles with Nissan’s “Taxi of Tomorrow” NV200.
Last Friday, U.S. District Judge Jesse Furman issued from his bench in the Southern District of New York an order for discovery to begin on a number of cases related to the February 2014 General Motors ignition switch recall.
In today’s digest: General Motors CEO Mary Barra returns to the Beltway with Anton Valukas in tow; GM is hit with a $10 billion lawsuit; affected families appear before Barra’s testimony; and a safety group calls the Valukas report “flawed.”
In today’s General Motors digest: Nine states are investigating the handling of the automaker’s ignition switch recall; compensation will only focus on those injured or killed; a Georgia injury claim’s transfer to New York a sign of things to come for similar claims; and a federal official saw GM’s corporate culture at work during bankruptcy proceedings, yet remained silent.
Bloomberg reports the compensation fund designed by attorney Kenneth Feinberg for General Motors will have “a relatively modest timetable to invite claimants to file their claims” once the claim period begins August 1. Feinberg also said by the end of June, he and his team will have a program “that will define who’s eligible to file a claim… what the dollars will look like for those who file,” as well as the obligations the plaintiffs will need to have “to prove their claim.” GM CEO Mary Barra added that her company won’t know the final cost of the fund “until the actual compensation has been run,” though an estimate may come at the end of Q2 2014.
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