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: It's (Barely) Legal

What happens if you've sued GM?

By Glen Ashman

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Plaintiff Suits Against Automakers Stall Out
The National Law Journal

As Chrysler and GM dispose of billions of dollars in assets and debts, there are potentially thousands of death and injury claims that either will be out of luck or will face near insurmountable obstacles to success. When both auto companies emerge from bankruptcy, they are expected, as in the terms of Chrysler's sale to Fiat, to do so "free and clear" of all pending and future claims and interests in all property sold pre-bankruptcy.

Full post as published by It's (Barely) Legal on June 15, 2009 (boomark / email).

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