Tags: ignition | GM | fund | death

Senators Press GM to Extend Deadline on Victim Compensation Fund

Wednesday, 28 Jan 2015 04:37 PM

General Motors Co. should extend its Jan. 31 deadline to accept applications for compensation from people injured by cars with defective ignition switches, two U.S. senators said.

Senators Richard Blumenthal of Connecticut and Edward Markey of Massachusetts, both Democrats, cited an unresolved Department of Justice investigation into potential criminal conduct and pending federal court cases on GM’s liability for incidents that took place prior to the automaker’s 2009 bankruptcy.

“Right now, injured parties do not know enough about their legal rights or facts to make an informed decision,” the senators wrote Thursday in a letter to GM Chief Executive Officer Mary Barra. “They cannot have sufficient information until the DOJ concludes its criminal investigation and the bankruptcy court decides whether to lift the liability shield that GM now unjustifiably hides behind.”

There are 50 confirmed deaths tied to GM’s defective ignition switches, according to statistics from Kenneth Feinberg, a lawyer hired to administer the Detroit-based company’s claims program.

As of Jan. 23, 3,068 claims for injury or death had been filed by victims or their families, with 802 applications still under review and 847 submitted with no documentation, according to an update on Feinberg’s website.

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General Motors Co. should extend its Jan. 31 deadline to accept applications for compensation from people injured by cars with defective ignition switches, two U.S. senators said.Senators Richard Blumenthal of Connecticut and Edward Markey of Massachusetts, both Democrats,...
ignition, GM, fund, death
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2015-37-28
Wednesday, 28 Jan 2015 04:37 PM
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