GM Ignition Switch Compensation – Cash for Indemnification

AutoInformed.com

At least one product liability attorney has reported a client that had one of the recalled cars shut down with only one key in the switch.

Kenneth Feinberg, Administrator of the GM Ignition Compensation Claims, at the National Press Club in Washington this morning said that the voluntary program has no overall cap, but that if victims accept the amount he determines they must indemnify GM from further legal action.

Feinberg has complete and sole discretion over all compensation awards to victims, including eligibility to participate in the program and the amounts awarded. GM cannot reject the Administrator’s final determinations as to eligibility and amount of compensation.

Individuals who previously settled their claims with GM before knowing of the ignition switch defect will be permitted to enter the Program and may receive additional compensation.

So called ‘contributory negligence” of the driver of the vehicle – intoxication, speeding, et cetera – is irrelevant. Feinberg’s law firm will not examine or evaluate it.

During the press conference, Feinberg said, “This Program is designed to provide swift compensation to eligible victims of ignition switch defects in certain GM vehicles. We will work closely with all individual claimants and their lawyers in evaluating individual claims and reaching a determination as to eligibility and value as soon as possible.”

Those filing a claim with the Administrator will be required to prove that the ignition switch defect in an “eligible vehicle,” as defined in the Program, was the “proximate cause” of the death or physical injury in the accident.

The Program recognizes three different categories of eligible claims: Individual Death Claims, Individual Claims involving the most serious physical injuries (e.g. quadriplegic and paraplegic injuries, permanent brain damage, etc.) and less serious physical injuries involving hospitalization or, in some circumstances, immediate outpatient medical treatment.

Eligible claims will be paid within 90-180 days from the time that a submitted claim is deemed “substantially complete” by the Administrator.

The Program will begin receiving claims on 1 August 2014 and all claims submitted to the Administrator must be postmarked no later than 31 December 2014.

About Ken Zino

Ken Zino, editor and publisher of AutoInformed, is a versatile auto industry participant with global experience spanning decades in print and broadcast journalism, as well as social media. He has automobile testing, marketing, public relations and communications experience. He is past president of The International Motor Press Assn, the Detroit Press Club, founding member and first President of the Automotive Press Assn. He is a member of APA, IMPA and the Midwest Automotive Press Assn. He also brings an historical perspective while citing their contemporary relevance of the work of legendary auto writers such as Ken Purdy, Jim Dunne or Jerry Flint, or writers such as Red Smith, Mark Twain, Thomas Jefferson – all to bring perspective to a chaotic automotive universe. Above all, decades after he first drove a car, Zino still revels in the sound of the exhaust as the throttle is blipped during a downshift and the driver’s rush that occurs when the entry, apex and exit points of a turn are smoothly and swiftly crossed. It’s the beginning of a perfect lap. AutoInformed has an editorial philosophy that loves transportation machines of all kinds while promoting critical thinking about the future use of cars and trucks. Zino builds AutoInformed from his background in automotive journalism starting at Hearst Publishing in New York City on Motor and MotorTech Magazines and car testing where he reviewed hundreds of vehicles in his decade-long stint as the Detroit Bureau Chief of Road & Track magazine. Zino has also worked in Europe, and Asia – now the largest automotive market in the world with China at its center.
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