Auto manufacturer bankruptcy could nullify claims

Auto manufacturer bankruptcy could nullify claims

(00:02:46)

In their bankruptcy proceedings, both Chrysler and GM are seeking protection from pending and future liability claims. If approved, they will not be responsible for any products manufactured before their Chapter 11 filings. If the government allows Chrysler and GM to escape accountability, responsibility and liability, it sets a dangerous precedent.

Recorded: June 22, 2009

Courtesy of: Beasley Allen Video

Keywords: Personal Injury, Automobile Accidents