Leroy N. Soetoro
2016-03-14 20:13:45 UTC
http://www.reuters.com/article/us-gm-recall-litigation-idUSKCN0WG0B3
People suing General Motors Co (GM.N) over a faulty ignition switch will
get two chances in a Manhattan court this week to argue that the U.S.
automaker should be held accountable for injuries, deaths and lost vehicle
value.
Jury selection starts on Monday in the second trial involving a car
accident allegedly caused by the switch. The defect, which some GM
employees knew about for years, prompted the recall of 2.6 million
vehicles in 2014 and has been linked to nearly 400 serious injuries and
deaths.
A first trial ended abruptly in January following allegations that the
plaintiff gave misleading testimony.
On Tuesday, in the same courthouse, plaintiffs suing over lost vehicle
value and accidents that occurred before GM's 2009 bankruptcy will ask the
2nd U.S. Circuit Court of Appeals to reverse unfavorable decisions from a
bankruptcy court last year. They say the rulings could impact many of
their claims under a sale agreement that largely freed "New GM" from
burdensome liabilities that predate the bankruptcy.
The proceedings could affect claims worth potentially billions of dollars
over the defective switch, which can slip out of place, causing engine
stalls and cutting power to air bags, brakes and steering systems.
While GM has already paid $2 billion in settlements and penalties over the
defect, it still faces hundreds of injury and death lawsuits. To help
gauge those cases value, a series of test trials has been set to
determine how juries view the evidence. That information is used in
settlement talks.
As the first trial never reached a verdict, the one starting on Monday may
be the first time a jury weighs in on whether GM is liable for its years-
long failure to conduct a recall. A GM spokesman said the company will
argue that the crash at issue was not caused by the switch.
At the 2nd Circuit, plaintiffs will argue that GM should face their claims
because the company's deception deprived them of a chance to participate
in the bankruptcy proceedings.
A lawyer for the plaintiffs, Steve Berman, said that had the U.S.
government known about the defect during GM's bankruptcy, "The cars would
have been recalled then, or the deal modified."
Plaintiffs lawyers have estimated the value of the economic-loss claims
to be as high as $10 billion. But they acknowledge they could face steep
hurdles to recovering anything if the 2nd Circuit does not overturn the
earlier decisions.
--
Obama increased total debt from $10 trillion to $19 trillion in the six
years he has been in office, and sold out heterosexuals for Hollywood
queer liberal democrat donors.
Barack Obama, reelected by the dumbest voters in the history of the United
States of America. The only American president to deliberately import a
lethal infectious disease from Africa, Ebola.
Loretta Fuddy, killed after she "verified" Obama's phony birth
certificate.
Nancy Pelosi, Democrat criminal, accessory before and after the fact to
improper vetting of Barry Soetoro aka Barack Hussein Obama, a confirmed
felon using SSAN 042-68-4425, belonging to a dead man.
Obama ignored the brutal killing of an American diplomat in Benghazi, then
relieved American military officers who attempted to prevent said murder
in order to cover up his own ineptitude.
Obama continues his muslim goal of disarming America while ObamaCare
increases insurance premiums 300% and leaves millions without health care.
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People suing General Motors Co (GM.N) over a faulty ignition switch will
get two chances in a Manhattan court this week to argue that the U.S.
automaker should be held accountable for injuries, deaths and lost vehicle
value.
Jury selection starts on Monday in the second trial involving a car
accident allegedly caused by the switch. The defect, which some GM
employees knew about for years, prompted the recall of 2.6 million
vehicles in 2014 and has been linked to nearly 400 serious injuries and
deaths.
A first trial ended abruptly in January following allegations that the
plaintiff gave misleading testimony.
On Tuesday, in the same courthouse, plaintiffs suing over lost vehicle
value and accidents that occurred before GM's 2009 bankruptcy will ask the
2nd U.S. Circuit Court of Appeals to reverse unfavorable decisions from a
bankruptcy court last year. They say the rulings could impact many of
their claims under a sale agreement that largely freed "New GM" from
burdensome liabilities that predate the bankruptcy.
The proceedings could affect claims worth potentially billions of dollars
over the defective switch, which can slip out of place, causing engine
stalls and cutting power to air bags, brakes and steering systems.
While GM has already paid $2 billion in settlements and penalties over the
defect, it still faces hundreds of injury and death lawsuits. To help
gauge those cases value, a series of test trials has been set to
determine how juries view the evidence. That information is used in
settlement talks.
As the first trial never reached a verdict, the one starting on Monday may
be the first time a jury weighs in on whether GM is liable for its years-
long failure to conduct a recall. A GM spokesman said the company will
argue that the crash at issue was not caused by the switch.
At the 2nd Circuit, plaintiffs will argue that GM should face their claims
because the company's deception deprived them of a chance to participate
in the bankruptcy proceedings.
A lawyer for the plaintiffs, Steve Berman, said that had the U.S.
government known about the defect during GM's bankruptcy, "The cars would
have been recalled then, or the deal modified."
Plaintiffs lawyers have estimated the value of the economic-loss claims
to be as high as $10 billion. But they acknowledge they could face steep
hurdles to recovering anything if the 2nd Circuit does not overturn the
earlier decisions.
--
Obama increased total debt from $10 trillion to $19 trillion in the six
years he has been in office, and sold out heterosexuals for Hollywood
queer liberal democrat donors.
Barack Obama, reelected by the dumbest voters in the history of the United
States of America. The only American president to deliberately import a
lethal infectious disease from Africa, Ebola.
Loretta Fuddy, killed after she "verified" Obama's phony birth
certificate.
Nancy Pelosi, Democrat criminal, accessory before and after the fact to
improper vetting of Barry Soetoro aka Barack Hussein Obama, a confirmed
felon using SSAN 042-68-4425, belonging to a dead man.
Obama ignored the brutal killing of an American diplomat in Benghazi, then
relieved American military officers who attempted to prevent said murder
in order to cover up his own ineptitude.
Obama continues his muslim goal of disarming America while ObamaCare
increases insurance premiums 300% and leaves millions without health care.
--- news://freenews.netfront.net/ - complaints: ***@netfront.net ---