Over the last couple of days, some of the information about GM covering liability claims has been pretty confusing.
Due to all kinds of political pressure, GM made a major concession in the bankruptcy last week. So if you’re hurt due to a defect in a GM car, and the accident happens AFTER the bankruptcy is over (probably sometime in mid-July) the company will still be responsible for your injuries.
But if you have already been injured and/or have already filed your claim – you are completely out of luck. And several major publications are not clearly making that distinction. The biggest offender was Tuesday’s New York Times, which did not clearly state that this deal only applied to future claims and leaves behind those who had already sued the company. The Times accepts comments and we encourage PopTort readers to make that point clear on this article.
However there was a bright moment during the bankruptcy hearing yesterday, according to the blog the American Daily Lawyer, the judge agreed that the liability issue was important.
"You've got the most important issue on the docket," the judge told attorney Steve Jakubowski, who represents the consumer groups.
Comments