RegWatch

GM seeking protection on pre-bankruptcy recall lawsuits

General Motors is seeking protection from lawsuits about product failures involving cars that were recalled before its 2009 bankruptcy proceeding that involved the company receiving a $50 billion federal bailout, The Hill has confirmed. 

GM is facing litigation for accidents that stretch as far back as 2005 that have been linked to its recent recall of cars that were made between 2004 and 2010 that have been found to have a dangerous ignition switch flaw.

The company is asking a bankruptcy judge in San Francisco to declare it is not liability for accidents that occurred before it restructured in 2009.

 

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FTC challenger remains defiant over charges

The head of a medical lab charged with letting thieves steal patient data is refusing to back down from his fight against the Federal Trade Commission (FTC).

A court’s decision this month to allow the FTC to pursue similar charges against the Wyndham hotel chain shouldn’t have much impact on LabMD’s campaign against the regulator, CEO Michael Daugherty said on Tuesday. He pledged to continue fighting the “bullies” at the agency to prevent them from regulating companies’ data security without explicit regulations.

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