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Tomorrow morning, Public Citizen will appear in U.S. Bankruptcy Court on behalf of consumer organizations that have filed objections to the Chrysler bankruptcy. As currently structured, the bankruptcy proposal exempts Chrysler from most of its responsibility and accountability for products sold before the bankruptcy. Victims of poorly designed or defective vehicles would be unable to [...]
In a reversal of its position in the bankruptcy proceeding, Chrysler has agreed to assume liability for people injured after the Chrysler bankruptcy by vehicles sold before the bankruptcy.
As background, in late May and early June, Public Citizen represented a bunch of consumer organizations in objecting to the Chrysler bankruptcy sale because the sale documents [...]