define( WP_MEMORY_LIMIT’,’64M’); GM Recall Victims Fund Wide Eligibility | via Yahoo! Finance

GM Recall Victims Fund Wide Eligibility | via Yahoo! Finance


Yahoo! Finance – July 2

In continuing news with the current General Motors lawsuit after the company failed to inform consumers of a safety hazards that led to countless deaths, the victims and their families are finally seeing steps in the right direction.

The compensation fund for victims of General Motors Co’s defective ignition switch will be open to a broad range of people, with family members of those who died as a result eligible for at least $1 million, the attorney in charge of the fund said on Monday.

Kenneth Feinberg said that GM will award an additional $300,000 for a spouse and each dependent left behind by a victim who died at the hands of the faulty part. Extenuating circumstances could drive the compensation figures higher. There is no cap on what GM might pay.

Victims who have experienced catastrophic injuries as well as more minor injuries as a result of the switch malfunctioning are also eligible for payment.

Read the full story and learn more about the GM recall on Yahoo! 

Leave a Reply

Knowledge

Our dedicated team possesses decades of combined experience in litigation and finance, and we invest significant resources into research. This enables us to stay abreast of important legal trends and accurately assess the implications a legal case will have on you and your business.

Transparency

No matter how strong a legal case may be, its outcome depends on your attorney’s performance and your ability to communicate effectively with your attorney. We believe that our involvement, while respectful of attorney-client privilege, enhances transparency between the parties.

Innovation

We invest our own capital into our clients’ cases. Your success is our success. That means we do everything in our power to make sure you achieve the goal of your litigation. We believe in out-of-the-box thinking and innovation. When necessary, we offer bespoke agreements and services.