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Excerpt
The Examiners: Mark Roe on GM’s Liability. Mark Roe, May 28, 2014, Opinion. "It’s up to the courts to decide whether old or new GM is liable for faulty ignition-switch claims. But what do you think? From a legal, practical or ethical point of view, should it be? Can GM run from its bad cars? GM’s faulty ignition switches killed people. As a matter of ethics and public relations, GM should stand behind its cars. But does bankruptcy law require it to do so? Technically, no. Bankruptcy law says that an “old GM” was sold to a “new GM” and the “new GM” excluded product liability from the debts it picked up in the sales agreement. But it’d..." Link verified August 21, 2014