Chrysler planning to expand product liability claims
Chrysler issued a statement that it will accept legal responsibility for vehicles purchased prior to June 2009.If you recall, when Chrysler sought bankruptcy protection on April 30, the Obama administration insisted that one of the conditions of its Chapter 11 filing were that all product lawsuits against the Pentastar were the responsibility of “Old Carco LLC.”
In short, if you had a pending suit with Chrysler due to injuries because of a faulty product, don’t expect to get paid. Understandably, many groups were upset by this decision. However, the new Chrysler Group has decided to rethink the decision in light of the company’s viability. In a press release, Chrysler said that it is taking a similar stance to how General Motors handled their lawsuits. In that case, Chrysler would only take responsibility for future liability claims for vehicles assembled prior to bankruptcy. All cases that were in the courts prior to bankruptcy would still be the responsibility of Old Carco.
Tags: car news, chrysler, chrysler liability claims, chrysler product liability claims



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