Pro Publica reports:
As part of their government-brokered bankruptcies, American auto giants Chrysler and General Motors were released of some legal liability for product defects, the Wall Street Journal reported today. As a result, the automakers do not have to pay out damages to car accident victims who had lawsuits pending or had already won damages before the companies filed for bankruptcy.The bailout has become a license to be above the law. You can't have bankruptcy law, torts, and contracts with federal ownership of a corporation.
