Lawyers from Beasley Allen and other firms representing plaintiffs harmed in crashes involving defective General Motors (GM) ignition switches say they are happy with the automaker’s plans for a victims’ compensation fund to some extent, but concerns remain about whether the fund would adequately punish GM and compensate some of the victims. GM CEO Mary Barra told a Congressional panel June 18 that the compensation fund would not be capped and that plaintiffs harmed before the company’s 2009 bankruptcy, which diminished much of its liability for pre-bankruptcy crashes, would be covered under the fund. Ms. Barra directed questions about the ... Read More
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