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: Day on Torts

Study on Impact of Chrysler and GM Bankruptcy on Future Wreck Victims

By John A. Day

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A report from Safety Research & Strategies called "Public Safety at Risk: Bankruptcies Leave Legacy of Defects, Injuries and Deaths"  projects what will happen now that there will be 30 million GM and 10 million Chrysler products still on the road after bankruptcy agreements cancel the ability for accident victims to seek compensation by suing the companies.

The verdict?  "More than 3,400 U.S. citizens could be killed or injured in the next 12 months by defective cars that are immune from lawsuits."  The estimate is based on the number of claims against the manufacturers between the 3rd quarter of 2003 and the 4th quarter of 2008.

 Read the report here.    

 

Full post as published by Day on Torts on June 24, 2009 (boomark / email).

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