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Car Bailouts Left Behind Crash Victims

27th May 2011

The company’s restructuring allowed it to wash away legal responsibility for car-accident victims who had won damages or had pending lawsuits before its bankruptcy filing. The same holds true for General Motors Co., which discarded the liabilities as part of its own $50 billion bailout and restructuring.

This entry was posted on Friday, May 27th, 2011 at 11:40 and is filed under Dystopia Watch. You can follow any responses to this entry through the RSS 2.0 feed. Both comments and pings are currently closed.

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Car Bailouts Left Behind Crash Victims