{"id":32419,"date":"2009-06-29T10:39:05","date_gmt":"2009-06-29T10:39:05","guid":{"rendered":"http:\/\/localhost:8888\/wordpress\/mixed_news_for_victims_of_gm_p\/"},"modified":"2024-12-17T15:58:32","modified_gmt":"2024-12-17T20:58:32","slug":"mixed-news-for-victims-of-gm-p","status":"publish","type":"post","link":"https:\/\/www.finchmccranie.com\/blog\/mixed-news-for-victims-of-gm-p\/","title":{"rendered":"MIxed News For Victims Of GM Product Liability Cases"},"content":{"rendered":"

Product liability suits<\/a>, especially those involving autos and trucks, generally involve life altering injuries and death<\/a>. As a result of the recent bankruptcy of General Motors Corp., many of the pending and future claims involving GM products stood to be wiped out, leaving the victims with no recourse against the manufacturer. As part of its government-backed restructuring plan, GM wants to sell the bulk of its assets to a new company and leave behind unprofitable assets and other liabilities such as product-related lawsuits.<\/p>\n

Many of these victims would have to turn to public assistance for needed medical services. The taxpayer would be left to fund these items.<\/p>\n

Consumer groups, several state\u2019s attorney generals, and several individuals with pending claims against objected. Now, as part of a deal brokered by the current Administration, GM has agreed to take on responsibility for future product liability claims. In a concession to the consumer groups and state officials who had threatened to block the sale because of product liability concerns, the new company will now assume responsibility for future claims involving vehicles made by the old company, according to documents filed in federal bankruptcy court in last Friday. A hearing on the proposed sale of assets is scheduled for tomorrow.<\/p>\n

Continue reading<\/a><\/div>\n","protected":false},"excerpt":{"rendered":"

Product liability suits, especially those involving autos and trucks, generally involve life altering injuries and death. As a result of the recent bankruptcy of General Motors Corp., many of the pending and future claims involving GM products stood to be wiped out, leaving the victims with no recourse against the manufacturer. As part of its […]<\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[40],"tags":[44],"class_list":["post-32419","post","type-post","status-publish","format-standard","hentry","category-personal-injury-wrongful-death","tag-personal-injury"],"yoast_head":"\nMIxed News For Victims Of GM Product Liability Cases — Trial Attorney Blog — June 29, 2009<\/title>\n<meta name=\"description\" content=\"Product liability suits, especially those involving autos and trucks, generally involve life altering injuries and death. 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