As General Motors and Chrysler have emerged from bankruptcy, each has publicized how it will deal with past, present and future product liability claims. This article outlines how GM will accept some liability while Chrysler's post bankruptcy incarnation will only accept claims from the new line.
The elements for liability in this area generally deals with conduct such as negligent design or manufacture. It will be interesting to see how legitimate claims against Chrysler will be handled if the claim arises from it's pre-bankruptcy status.
Tuesday, August 18, 2009
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