由买买提看人间百态

boards

本页内容为未名空间相应帖子的节选和存档,一周内的贴子最多显示50字,超过一周显示500字 访问原贴
Automobile版 - GM Can't Be Sued On Faulty Vehicles Sold Before Bankruptcy
相关主题
ZZ: Consumer Reports’ Most Reliable CarsToyota Profit Triples in Third Quarter
America's top 20 best-selling vehicles of 2013日车也有破产的?! American Suzuki files bankruptcy, will leave U.S. market
Ford Recalls 2013 EcoBoost Escapes to Correct Faulty Fuel L丰田废掉通用,再次夺得世界销量第一
Toyota, Chrysler and Honda Recall for Faulty Air Bags丰田七月销量涨17.3% 本田20.9%
Hyundai-Kia苹果今天正式宣布推出旗下车载系统CarPlay
美车的春天来了?General Motors was recalling 1.6 million vehicles for faulty ignition switches
Toyota reclaims its crown as the top automakerGM用料的确很足
ACCORD7月销量暴增70%GM 被业内人士评为最差车厂
相关话题的讨论汇总
话题: gm话题: bankruptcy话题: claims话题: motors话题: gerber
进入Automobile版参与讨论
1 (共1页)
p*******m
发帖数: 20761
1
GM Can't Be Sued On Faulty Vehicles Sold Before Bankruptcy
Comment Now Follow Comments
In a huge victory for General Motors, a federal bankruptcy judge ruled that
the product liability claims GM left behind in bankruptcy court in 2009 will
stay there.
The long-awaited decision by U.S. Bankruptcy Judge Robert Gerber of New York
means the automaker can’t be sued for losses on recalled cars sold before
the bankruptcy. The ruling was a blow to plaintiffs in about 140 class-
action lawsuits whose attorneys had argued that their clients never got a
chance to fight the bankruptcy order because GM concealed its knowledge of
defective ignition switches that have since been tied to 84 deaths.
Gerber found no evidence of a cover-up during bankruptcy proceedings,
however, and allowed the liability shield that was a condition of the
automaker’s exit from bankruptcy to remain in place for pre-bankruptcy
claims. With the help of a $49.5 billion taxpayer bailout in July 2009, GM’
s ”good” assets were sold to a new company called General Motors Co.,
while the “bad” assets were left in an entity called Motors Liquidation.
The ruling says that claims based on the conduct of “old GM” — personal
injury cases or claims of economic loss — cannot proceed because these
claims were rightfully against Motors Liquidation. Claims for lost economic
value and injuries that occurred after July 2009 may proceed, Gerber ruled.
“Judge Gerber properly concluded that claims based on Old GM’s conduct are
barred, and that the sale order (which enabled New GM to exit bankruptcy)
will be enforced,” GM said in a statement.
GM had attempted to head off lawsuits by creating an independent
compensation fund administered by disaster relief expert Kenneth Feinberg to
handle death and injury claims, regardless of when they occurred.
Rosie Cortinas holds a photograph of her son Amador Cortinas, who was killed
in a General Motors Co. (GM) 2005 Chevrolet Cobalt accident, . Photographer
Feinberg received more than 4,300 claims, and so far has found 241 to be
valid. He has linked 84 deaths to the faulty switches, and approved payment
of at least $1 million to the families of each deceased victim. The fund has
also approved payment offers to 11 victims who suffered catastrophic life-
changing injuries and nearly 145 claims for less severe injuries. More than
1,100 claims for compensation are still under review.
1 (共1页)
进入Automobile版参与讨论
相关主题
GM 被业内人士评为最差车厂Hyundai-Kia
通用再召回336k车美车的春天来了?
Approved death claims related to GM ignition switch recall rise to 121Toyota reclaims its crown as the top automaker
Hyundai, Kia Pay Fine, Lose Credits Over Mileage ClaimsACCORD7月销量暴增70%
ZZ: Consumer Reports’ Most Reliable CarsToyota Profit Triples in Third Quarter
America's top 20 best-selling vehicles of 2013日车也有破产的?! American Suzuki files bankruptcy, will leave U.S. market
Ford Recalls 2013 EcoBoost Escapes to Correct Faulty Fuel L丰田废掉通用,再次夺得世界销量第一
Toyota, Chrysler and Honda Recall for Faulty Air Bags丰田七月销量涨17.3% 本田20.9%
相关话题的讨论汇总
话题: gm话题: bankruptcy话题: claims话题: motors话题: gerber