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GM recall: company attorney discussing claims

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GM recall: company attorney discussing claims

Kenneth Feinberg, the attorney hired to represent the company and also search for options on victims compensations has met with one plaintiffs’ lawyer to talk about settling claims in relation to the defective ignition switch recall.

General Motors is currently battling in New York’s bankruptcy court the claims from people owning the recalled cars – aiming to avoid paying money to those who claimed they lost value on their cars. The company said it intends to treat victims of accidents separately.

And, meeting with attorney Robert Hilliard, representing at least 300 people and families with claims for injuries or deaths in cars included in the recall seems to be a move in that direction.

The meeting was “very preliminary,” said Kenneth Feinberg. “There were no settlement talks and GM has agreed to nothing.”

Hilliard also said that Feinberg seemed intent on convincing him that GM is going to do the right thing to people involved in accidents with injuries or deaths. That means GM would likely assume official legal responsibility for injuries or deaths from all accidents related to the recall.

Also, Feinberg was hired to address the possibility for GM to set up a program/fund that would address legal claims for accidents related to the defective ignition switch, and the company looks to be close to a decision on the matter.

Via Reuters

by Aurel Niculescu (my Google+) - Monday, May 5th, 2014 - filed under Uncategorized. Image credit: .
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