A Law360 article (“GM’s Bankruptcy Shield Too Flimsy To Block Defect Suits”) quoted Partner Matthew J. Gold, of Kleinberg Kaplan’s Bankruptcy Practice.
Firm News | June 12, 2014
A Law360 article “GM’s Bankruptcy Shield Too Flimsy To Block Defect Suits” quoted Partner
Matthew J. Gold of Kleinberg Kaplan’s Bankruptcy Practice. Matt explained that the asset sale
order approved in GM’s 2009 bankruptcy case might not be sufficient to protect GM against
product liability suits regarding vehicles sold before 2009 if there is evidence that GM knew of
defects and concealed the defects. Matt indicated that as a matter of strategy GM would likely
seek to have issues regarding the scope of the asset sale order litigated in bankruptcy court rather
than in state court or federal district court.
“GM’s Bankruptcy Shield Too Flimsy To Block Defect Suits“ was published March 14, 2014 on Law360 (subscription required).