General Motors Co. unveiled its plan to compensate victims of its ignition-switch defect last week, as a federal bankruptcy judge put off arguments over whether the automaker committed a fraud on the court by concealing the problem during its 2009 reorganization.
U.S. District Bankruptcy Judge Robert Gerber in New York said on July 2 that it would be premature to consider any fraud claims, and that he hoped to hit “the sweet spot between fairness and getting to the right result.”
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