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GM to ask bankruptcy court for lawsuit protection
Headline Legal News |
2014/04/17 15:14
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General Motors revealed in court filings late Tuesday that it will soon ask a federal bankruptcy judge to shield the company from legal claims for conduct that occurred before its 2009 bankruptcy.
The automaker's strategy is in a motion filed in a Corpus Christi, Texas, federal court case, and in other cases across the nation that involve the defective ignition switches that have led GM to recall 2.6 million small cars.
The motion asks U.S. District Judge Nelva Gonzales Ramos to delay action on the lawsuit until the bankruptcy court rules and other federal courts decide if the case should be combined with other lawsuits. But GM says it's not asking to halt action on a motion to force GM to tell customers not to drive their cars that are being recalled.
GM has said at least 13 deaths have been linked to the switch problem. The switch can unexpectedly slip out of the "run" position, shutting down the engine, knocking out power-assisted steering and power brakes, and disabling the air bags. GM admits knowing about the problem for at least a decade, but it didn't start recalling the cars, including Chevrolet Cobalts and Saturn Ions, until February.
The company's motion says GM will ask the bankruptcy court in New York to enforce an order made during the 2009 bankruptcy case that split GM into a new company and an old company. Claims from before the bankruptcy would go to "Old GM," called Motors Liquidation Co., while claims after the bankruptcy would go to the new General Motors Co. |
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Supreme Court to hear class-action dispute
Headline Legal News |
2014/04/08 12:30
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The Supreme Court will consider the requirements for transferring class-action lawsuits from state courts to federal courts.
The justices on Monday agreed to hear an appeal from a Michigan energy company that asserts it should be allowed to move a class-action case from Kansas state court to federal court. Federal law allows such transfers in cases involving more than $5 million.
A group of royalty owners sued the Dart Cherokee Basin Operating Co. alleging they were underpaid royalties on oil and gas wells. The plaintiffs did not seek a specific damage amount, but the company claimed it would far exceed $5 million.
Video: Supreme Court Won’t Hear NSA Case Now
A federal judge rejected the transfer request because the company did not offer any evidentiary support. The company says the law does not require detailed evidence. |
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High court restores workers' compensation claim
Headline Legal News |
2014/04/04 09:42
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The Mississippi Supreme Court has ordered the state Workers Compensation Commission to determine what benefits should be paid to former Ripley alderman Lonnie Smith.
The Supreme Court rejected arguments, in a 6-3 decision Thursday, from Tippah Electric Power Association that Smith intentionally came in contact with power lines while inside a bucket truck on April 29, 2010. Smith lost both hands in the accident.
Three dissenting justices say the power lines Smith grabbed were three feet apart, raising questions about an accident claim.
Smith is serving 12 years for manslaughter in a 2010 fatal shooting.
The Workers Compensation Commission appointed a judge to hear Smith's claim. The judge ruled Smith intentionally injured himself and was not entitled to compensation.
The Mississippi Court of Appeals upheld the judge's ruling last May. |
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Qatari court sentences US couple to 3 years jail
Headline Legal News |
2014/03/28 13:37
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A Qatari court has sentenced an American couple charged with starving their 8-year-old adopted daughter to death to three years in prison and imposed a fine of $4,100.
Matthew and Grace Huang were jailed by Qatari authorities on murder charges in January 2013 following the death of their daughter, Gloria.
The Huangs said she died of medical problems complicated by unusual eating habits, including periods of self-starvation.
Their lawyer, Sami Abu Sheikha, says he will appeal and that the judge did not say what the couple was guilty of. The prosecutor had demanded the death penalty.
Judge Abdullah El-Emedy also ordered the Huangs deported from the Gulf country after serving their sentence.
Matthew Huang told reporters after Thursday's ruling that the charges and the case were "ridiculous." |
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Egypt court sentences 528 Morsi supporters to death
Headline Legal News |
2014/03/24 15:38
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A court in southern Egyptian has convicted 529 supporters of ousted Islamist President Mohammed Morsi, sentencing them to death on charges of murdering a policeman and attacking police.
The court in Minya issued its ruling on Monday after only two sessions in which the defendants' lawyers complained they had no chance to present their case.
Those convicted are part of a group of 545 defendants on trial for the killing of a police officer, attempted killing of two others, attacking a police station and other acts of violence.
More than 150 suspects stood trial, the others were tried in absentia. Sixteen were acquitted.
The defendants were arrested after violent demonstrations that were a backlash for the police crackdown in August on pro-Morsi sit-ins in Cairo that killed hundreds of people. |
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Investment Fraud Litigation |
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Securities fraud, also known as stock fraud and investment fraud, is a practice that induces investors to make purchase or sale decisions on the basis of false information, frequently resulting in losses, in violation of the securities laws. Securities Arbitration. Generally speaking, securities fraud consists of deceptive practices in the stock and commodity markets, and occurs when investors are enticed to part with their money based on untrue statements.
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The content contained on the web site has been prepared by Securities Law News as a service to the internet community and is not intended to constitute legal advice or a substitute for consultation with a licensed legal professional in a particular case. | Affordable Law Firm Website Design by Law Promo |
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