GM Recall: Lawyers Are Talking, But a Settlement Remains Unclear
The attorney hired by General Motors (NYSE:GM) has reportedly started meeting with a lawyer representing the plaintiffs in a suit pertaining to the company’s ignition switch recall to discuss what a potential settlement for claims would look like regardless of when the accidents occurred, Reuters reported Tuesday.
Attorney Robert Hilliard is the lawyer representing more than 300 people and families with claims for injuries or deaths due to the now-recalled vehicles (all 2.59 million of them), and told Reuters that attorney Kenneth Feinberg, who is representing GM, had initiated the meeting at Feinberg’s Washington office.
Feinberg, who has helped negotiate settlements and claims for events such as the BP Deepwater Horizon disaster and the September 11 attacks, acknowledged via email to Reuters that the meeting took place, but he declined further comment on the matter. However, his validation of the meeting suggests that the company is making meaningful headway in reaching out to the affected individuals and families, at least in some aspect.
The meeting seemed to be intended “to convince me they (GM) were going to do right” by people who were injured or killed as a result of the faulty switch, Hilliard told the publication, but he added that no agreement was reached on financial details. He said that would likely include General Motors assuming legal responsibility for injuries or deaths from all accidents, regardless of when they occurred, and, largely, the investigations aren’t done yet.