“This was not a normal case. The government was deciding who was going to be taken care of and who was not.”-David Skeel, University of Pennsylvania Law School
The recent bailout of General Motors and Chrysler, did not just include money, it included legal liability for defective vehicles that caused injuries and deaths.
The bailout allowed GM and Chrysler to skip paying any court ordered settlements for injuries or deaths that happened before the auto makers went bankrupt. GM had 2,500 claims against it when they went bankrupt. The excused settlements are in the tens of millions of dollars.
In the words of Telly Savalis: “Who loves ya baby?” It’s not your government that’s for sure.