GM victims’ fund for ignition defect to have wide eligibility – Rueters

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GM victims’ fund for ignition defect to have wide eligibility – Rueters

By Ben Klayman and Julia Edwards

The fund could ultimately cost GM billions of dollars, but is seen as critical to help repair the company’s tarnished reputation and to move beyond the outstanding liability claims.

Several plaintiffs’ lawyers representing crash victims said they will be examining the criteria with their clients over the next few weeks to determine whether to submit a claim.

“Families are going to have decide if they’re focused on just compensation and closure, whether this may be in their best interest,” said lawyer Lance Cooper.

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