GM Car Owners to Fight On for Billions After Bankruptcy Ruling
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General Motors Co. car owners will still seek $7.5 billion for the diminished value of recalled vehicles, despite a ruling that largely freed the automaker from liability for wrongdoing before its 2009 bankruptcy.
That number was supplied by a lawyer for car owners the day after U.S. Bankruptcy Judge Robert Gerber upheld GM’s shield against claims tied to actions taken before its bailout.