General Motors Co. faces a potential payout of $1 billion in stock to address claims related to the Detroit auto giant’s ignition-switch crisis, depending on the outcome of a looming trial. The trial, set to start Monday in a Manhattan federal bankruptcy court, centers on whether General Motors can stop a deal reached in August between ignition-switch plaintiffs and a trust representing creditors of so-called Old GM, the assets the auto maker left behind in 2009 as part of its $50 billion government rescue and restructuring....

Source: Wall Street Journal December 16, 2017 14:00 UTC