GENERAL MOTORS LITIGATION – Current claims against GM “not worth pursuing.”
NATIONAL – According to an article in The Kansas City Star, “When the ‘new’ General Motors emerged from bankruptcy earlier this month, consumer groups praised the agreement reached to ensure that the automaker would assume liability for future lawsuits over vehicle defects.”
But “those with claims pending against GM would have to seek compensation through the bankruptcy court process, an avenue that most lawyers and experts agree would at best yield 10 cents on the dollar,” making them “not worth pursuing.”
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