Weekly GM ignition fund update: another fatality is eligible for compensation image

According to the now traditional Monday report coming from the office of Kenneth Feinberg, the attorney in charge of the program, the GM compensation fund saw claims up slightly last week and found another death case to be eligible.

Back in February General Motors started a recall that would encompass 2.6 million autos, equipped with defective ignition switches. After numerous probes and with US regulators investigating the company, the automaker embarked in a record amount of vehicle recalls. Also widely panned for waiting more than a decade before issuing the initial ignition switch recall, the US automaker decided to set up a victims’ compensation fund – led by Feinberg, an outside lawyer with experience in such cases.

As of yesterday, the program’s tally has reached 2,215 claims for injuries and deaths, according to the report – which is up 1.65 from last week. The program started accepting participants since August 1 and Feinberg, who is used to high-profile victim compensation funds (he led the ones for victims of the 9/11 terror attacks and 2010 BP oil spill), has been given full authority. There are 36 death cases eligible for compensation now, and another five for severe injuries and 39 for other injuries. The deadline for filling claims has been extended by GM from the year’s end to January 31, 2015.

Via Reuters