Judge in GM (GM) Bankruptcy Case Defers Ignition-Switch Lawsuits

General Motors (NYSE: GM) bankruptcy judge in New York is deferring an ignition-switch lawsuit.

Bloomberg noted Monday that arguments from GM and customers will be delayed until a class-action lawsuit is filed. Arguments were previously slated to begin on August 22nd.

The judge in the case, Robert Gerber, is determining whether or not GM can be sued as the result of fallen car prices.

The case is In re Motors Liquidation Co., 09-bk-50026, U.S. Bankruptcy Court, Southern District of New York (Manhattan).

Shares of GM are up 1.7 percent.

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