04.26.2017
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04.26.2017
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General News
John Penn was quoted in the Law360 article, "Ruling In GM Case Clarifies Liability Limits In Bankruptcies," regarding the U.S. Supreme Court's rejection of General Motors' petition to review the Second Circuit’s 2016 decision striking down bankruptcy decisions that had shielded New GM from liability related to ignition switch defects.
“What it means now is buyers have one more item on their checklist and one more risk factor to weigh in bankruptcy sales,” John D. Penn told Law360.
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