#court

A federal judge Wednesday denied a request to make available communication between GM and its lawyers over certain cases involving defective ignition switches, Reuters reported. The documents will remain secret because of attorney-client privilege, the judge wrote.

Lawsuits against GM allege that the company tried to further cover up its defective ignition switches. Those lawsuits sought to uncover documents between the automaker and its lawyers in three separate cases.

“… the case evaluations have all the hallmarks of dispassionate, sober evaluations (perhaps, in hindsight, too dispassionate and sober for their own good) by counsel of the costs and benefits of litigating the cases to their conclusion — just what one would might expect in a defense file and in the absence of a crime or fraud,” Judge Jesse Furman wrote in his ruling.

The court case against former FCA Australia executive Clyde Campbell is turning into a veritable who’s-who of decision makers at the company, reports The Age.

Campbell, who is charged with misappropriation of $30 million AUD of company funds, claims he had verbal permission from recently departed FCA executive John Kett, current company hotshot Mike Manley, and head of FCA Sergio Marchionne.

The Chrysler 300, thought by many to be a modern day “gangster” car, has tons of power. But, as they say, absolute power corrupts absolutely, and for former FCA Australia CEO Clyde Campbell, it still may not be enough to escape accusations of misappropriation of funds.

Tomorrow, FCA will take Campbell to federal court in Australia claiming he funneled money to other companies owned by himself, his wife, co-workers, and his successor – Victoria Johns.

Now that most of you have given your tacit approval for TTAC to continue to post stories about police and motorist interaction, please consider this strange case. It all began at 2:10 AM on April 20, 2012 when an officer observed Frederick Weaver weaving and driving an estimated 25 mph in a 15 mph zone in his Acura as he cruised through the Carleton Place town home community in Wilmington, North Carolina.

Phew.

Did you hear that? That was a sigh of relief, emanating from the few souls that are still holding the fort at Volkswagen in Wolfsburg and Porsche in Zuffenhausen. The sudden release of long held breath was caused by U.S. District Judge Harold Baer, who dismissed a lawsuit by 10 hedge funds who accused Porsche of securities fraud during the Wiedeking/Härter hijinx. The hedgies claimed more than $2 billion in damages, which gave Volkswagen pause in fully absorbing Porsche. Now, they can floor it.

What tripped the claimants?