G. M. agrees to maintain legal liabilty for future claims involving defective products after bankruptcy
As it was initially envisioned, the bankruptcy process involving General Motors would have resulted in the elimination of any liability for injuries caused by defective products, whether filed currently or in the future. That would have closed the doors on a number of pending claims alleging death or serious injury resulting from a defective product. After several state Attorneys General protested on behalf of injury victims, the company and the Obama Administration have agreed to continue to recognize G.M.'s pre-existing product liability obligations, but apparently only with respect to unfiled claims.






