GM Bankruptcy Shields Company from Some Ignition Suits

A U.S. bankruptcy judge ruled Wednesday that General Motors' 2009 bankruptcy shields it from a large number of lawsuits over ignition­ switch defects. The judge rejected arguments made in class ­action suits that post­ bankruptcy GM (IW 500/5 ) should be liable for potentially billions of dollars  worth of claims related to dangerously defective ignitions that dated to before the bankruptcy. read more