NY Times Examines Tragic Costs of Victims Injuries n GM Recall
June, 2014
The NY Times has published a fine article describing some of the tragic consequences to some of the GM Recall crash victims. See http://www.nytimes.com/2014/06/23/business/gm-prepares-to-count-cost-of-suffering.html?hp&action=click&pgtype=Homepage&version=HpSum&module=first-column-region®ion=top-news&WT.nav=top-news
The NY Times article also carries insights into Ken Feinberg’s task for GM as follows:
“His past work suggests that Mr. Feinberg is likely to find anyone who has been treated in the hospital for accidents they can prove involved a defective car eligible for compensation. As a first threshold, according to those familiar with Mr. Feinberg’s deliberations, anyone whose air bags deployed will not be eligible.
But the burden of proof is likely to be less onerous than what is required in a court of law. “What they will almost certainly do is set up some simple procedure run by folks in Feinberg’s office,” said Mr. Laycock, the law professor, who has followed Mr. Feinberg’s work over the years. “It will probably be a fairly objective checklist. Did you have one of these switches in your car? What are the accidents caused by ignition switch like? Was yours like that?
“The principal purpose of this type of fund is to greatly reduce litigations costs,” he explained. “They want it very simple, very inexpensive.””
Lou
