Government
Jul. 7, 2009
Judge OKs Bankruptcy Plan for GM
A bankruptcy judge approved a plan late Sunday that will allow General Motors Corp. to drop its liability on vehicle-related injuries sustained before the automaker emerges from bankruptcy.
By Robert Iafolla
Daily Journal Staff Writer WASHINGTON - A bankruptcy judge approved a plan late Sunday that will allow General Motors Corp. to drop its liability on vehicle-related injuries sustained before the automaker emerges from bankruptcy. That would effectively wipe out the 300 personal-injury claims registered with the bankruptcy court, according to Sean Kane, who heads the Massachusetts-based research and advocacy group Safety Research ...
Daily Journal Staff Writer WASHINGTON - A bankruptcy judge approved a plan late Sunday that will allow General Motors Corp. to drop its liability on vehicle-related injuries sustained before the automaker emerges from bankruptcy. That would effectively wipe out the 300 personal-injury claims registered with the bankruptcy court, according to Sean Kane, who heads the Massachusetts-based research and advocacy group Safety Research ...
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