Chrysler GM Bailout
Second Circuit Decision Opens Door for Ignition Switch & Other Defects Claims Against GM Previously Barred by Bankruptcy Court
July 13, 2016 GM consumers today received a major victory in their ignition switch lawsuits that were previously barred…
Second Circuit Decision Opens Door for Ignition Switch & Other Defects Claims Against GM Previously Barred by Bankruptcy Court
July 13, 2016 GM consumers today received a major victory in their ignition switch lawsuits that were previously barred…
Chrysler decision bodes well for GM claimants
Published: Lawyers USA, December 15, 2009
The Supreme Court’s decision Monday not to review Chrysler’s bankruptcy may turn out to help GM product liability claimants who were left in the lurch.
The justices on Monday turned down an appeal from the state of Indiana pension funds that earlier challenged the automaker’s bankruptcy proceedings. Most of Chrysler’s assets were sold to Italian automaker Fiat.
Chrysler to accept more product liability claims
AUBURN HILLS, Mich. — Chrysler Group LLC said Thursday it will accept product liability claims in a broader number of cases than originally planned in its reorganization under bankruptcy protection.
The automaker said it will now consider product-related lawsuits from consumers involved in accidents that occurred after Chrysler emerged from bankruptcy protection in June that involve vehicles manufactured by the old company.
GM Gets to Dump Its Polluted Sites
Detroit Free Press
August 7, 2009
GM Gets to Dump Its Polluted Sites
BY TIM HIGGINS
FREE PRESS BUSINESS WRITER
When General Motors Co. emerged from bankruptcy, it was freed of obligations for polluted properties at discarded plant sites that will require millions of dollars to clean up.
Consumer Advice from Prof. Norman I. Silber, Hofstra University School of Law
"Given the terms of the Court’s approval, consumers would be well advised to get rid of any Chrysler purchased before the deal because if this ruling holds nobody solvent will bear responsibility for design defects. When it becomes apparent that dumping these cars is the prudent thing to do, anyone who can afford to, will be apt to, do this; and this will leave mainly poor and ignorant persons holding pre-deal Chryslers. This is the most likely outcome, unless a special insurance market develops to protect, for a price, pre-deal Chryslers–which I doubt.
U.S. Pushed Fiat Deal on Chrysler
Internal Emails Reveal Resentment; Court Upholds Pact
By NEIL KING JR. and JEFFREY MCCRACKEN
June 6, 2009
Wall Street Journal
Hardest hit victims of the auto bankruptcy -Those injured in accidents may not get their day in court
June 4, 2009
by Herb Weisbaum
MSNBC.com
We’ve all heard about the financial hardships caused by the bankruptcies of Chrysler and General Motors. Employees, dealers and stockholders have all been hurt. But there are other victims who are not as visible: the customers who were injured in defective vehicles made by these companies. This is their story.
Obama's GM Plan Looks Like a Raw Deal
WALL STREET JOURNAL
MAY 29, 2009
Obama’s GM Plan Looks Like a Raw Deal
Congress, not a secret task force, should decide the company’s fate.
By RALPH NADER and ROBERT WEISSMAN
What public purposes animate the government’s planned rescue of General Motors Corp?