WASHINGTON — Kenneth Feinberg is prepared to pay out billions of General Motors’ money to victims of crashes in GM small cars — provided they can prove the cars’ ignition switches caused the crash.
GM links 13 deaths to a defective ignition switch in cars such as the Chevrolet Cobalt and Saturn Ion. But trial lawyers and lawmakers say claims of wrongful death and injury could total in the hundreds.
Feinberg, one of the country’s top compensation experts, said GM has placed no limit on the amount he can pay to injured people or relatives of those killed. And he alone — not GM — will decide how much they each will get.
Read tomorrow's Arkansas Democrat-Gazette for full details.