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New York judge rules against Chrysler car owners!

by WebMaster
June 8, 2009
in Legal, Press Release
0

Fiat immune from American automobile consumers claims.

New York, NY (JusticeNewsFlash.com)–In recent court proceedings, Judge Arthur J. Gonzales a United States Bankruptcy judge for the Southern District of New York, approved the sale of most of Chryslers’ assets to a new company operated by Fiat. The judge further granted Fiat’s request to be recused for any future product-liability lawsuits involving current Chrysler, Dodge, or Jeep owners, as reported by The New York Times. Business litigation lawyers, representing Fiat, argued in open court it was unfair to require the Italian automaker to be burdened with financial obligations from the “old” Chrysler.

Consumer groups like the Public Citizen http://www.citizen.org, the Center for Auto Safety http://www.autosafety.org, Consumers for Auto Reliability and Safety (CARS) http://www.carconsumers.com, and the National Association of Consumer Advocates (NACA) http://www.naca.net are formally appealing Judge Gonzales decision, stating it deprives consumers of their rights. The ruling by the judge, in U.S. Bankruptcy court, leaves consumers without the right to sue if they are injured or killed by any safety defects arising from the former American run automaker, Chrysler. This litigation seriously affects innocent consumers who have already been injured in automobile accidents involving Chrysler, Dodge, and Jeep motor vehicles that arose from auto safety defects. Chrysler’s chief executive, Robert L. Nardelli, stated in court that after Chrysler’s debts are settled, the litigants may receive no or very little money, based on available assets.

JusticeNewsFlash.com news for New York business litigation lawyers.

WebMaster

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