Thursday, April 16, 2015

Most GM Ignition Key Claims Barred

Torts Today: Most GM Ignition Key Claims Barred:
"Despite the "Valukas Report" which established see no evil  stance of GM and its General Counsel which actively sought to know less rather than more about liability actions, victims of injuries due to the defective GM ignition key system have been barred from pursuing their actions because GM's debts were discharged in bankruptcy and the new company that emerged after reorganization did not carry that burden. "New GM" - aware that it is in fact the same company - has hired the ADR icon Kenneth Feinberg to pay the claims on terms the company sets."-gwc

'via Blog this'

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