GM creditor belief drops settlement with plaintiffs; GM avoids $1 billion inventory switch Posted on August 17, 2017August 17, 2017 by Costa Oil - 10 Minute Oil Change A belief that holds many GM liabilities from earlier than its 2009 chapter has canceled a settlement that sought to pressure the automaker to pay $1 billion in shares to resolve hundreds of thousands of claims. Sending User Review 0 (0 votes)