Get Adobe Flash Player to see this content.

About This Video

Recourse for GM Product Liability Claims?

Title:

Recourse for GM Product Liability Claims?

Published: Tue, 30 Jun 2009

Description: FBN's Adam Shapiro talks to Callan Campbell, who was injured in an accident involving a GMC car about GM Product Liability concerns.

-

Automatically Generated Transcript (may not be 100% accurate)

" To court today seeking approval for the sale of its assets -- Adam Shapiro as outside a federal bankruptcy court here in Manhattan with the very latest. We won't let you get away from court police recovered a different story."

" At. Hey I'm in New York it's a good thing. We are here at the bankruptcy court Fritz Henderson BS CEO from General Motors is also here bankruptcy court again video mister Anderson arriving this morning. For the proceedings which essentially will allow it there approved. General Motors to be sold to new General Motors they called at 363 sale but that's the argument mr. Anderson will be making there are protesters here. About 200 protesters from the IU EC WA. BI international union of electrical workers and the communication workers of America. Their 50000 retirees will lose health. Benefits in the rate they'll lose their pensions as well because they're not part of the new GM deal which includes the UAW. So they're here protesting. And so is the woman you're about to meet these center for justice and democracy. Is also opposed to the 363 sale and trying to protect people. Like the woman I want to introduce you to her name is Alan. In 2004 you were injured and an accident that involved a General Motors -- I Jimmy today it's it's an SUV. They've rolled over and did it left you unable to walk -- you now live in a wheelchair you you are mobile and we'll check. If -- GM 360 resale is allowed to go forward as it's proposed right now. Product liability claims which are in the pipeline they haven't been resolved or people injured in accidents involving GM products safe today. Would not be covered in the future there would be no recourse for them is that accurate. So what do you what needs to happen so that people like you were in the process of litigation and those who god forbid should be injured in the coming days. In at GM vehicle that may be. Involved -- product liability what needs to happen to ensure that you -- covered in the future."

" makes right -- you forgot the -- need his or her. Games back and had seen before they -- see leasing beef that I mean last alone every once -- get compensated for -- heard it. As a result of faulty products ITN."

" And that's it above -- it's in your case you you're currently in the court system insane. But there's been no resolution so. -- you're claiming that that the GMC did Jimmy. Was product that was faulty design that hasn't been determined yet. Yes -- him. And if the 363 sale goes forward. Whether that's determined or not without including people like you in the future General Motors but that kind of coverage even if you were to -- your case there would be no. Compensation no recourse -- tank. How angry be dead when you find out that the US government your tax dollars are allowing this situation to --"

" Well I may actually vaccines and theories about it -- I'm really good school and it -- out of my hot campaigns. I'm not getting any constant rate as police did not being. Eat ice me ideas net nineteenth about the -- situations. Right down to 368."

" I might be a little ignorant because I had thought I had read an article which said GM had agreed. Two on our product liability claims of -- what am I missing in that statement that they had made earlier. And I'm not really sure ain't gonna have to speak blatantly about I think though it has to do with previous claims of job I have already been settled correct. I can't and I I'm not completely -- All right talent thank you very much all the best to you were down at the bankruptcy court that the hearing has begun and they are underway it will be a very long day remember that Chrysler. 363 sale hearing took two days so good chance we'll be here tomorrow as well. Back to you and thank you for that Adam Shapiro at bankruptcy court here in Manhattan."

More Videos From FOX Business
Alexis Glick: Everyone's Picking on Goldman

Alexis Glick: Everyone's Picking on Goldman

FBN weighs in on the outrage surrounding Goldman Sachs and executive pay.

Video|Fri, 20 Nov 2009|More from FOX Business
|goldman sachsfound at0:26

on my thoughts on this -- second. I understand the outreach about Goldman how much money they guide to whether or not being American taxpayers save them their relationship with the government. Isn't reason to be upset about some of that stuff I get it but the end of the day. Everybody is picking on Goldman Sachs wouldn't shareholders . Are telling what are the most successful companies. On the planet. What they think they should get paid. Things have gone too
Patent Protection Hits Highest Court

Patent Protection Hits Highest Court

Attorney Michael Jakes on why he took patent protection to the Supreme Court.

Video|Fri, 20 Nov 2009|More from FOX Business
|warsawfound at0:50

But as you as you say it's exactly that. These two inventors Warsaw on bills he came up with a great idea for hedging. The commodity risks in the energy market and to provide consumers with a fixed bill they applied for a patent back in 1997. But they've been shut out of the door they haven't been able to have their patent examiner on the merits. Because the Court of Appeals has said it's not the right kind of invention it doesn't. It's not tied to a machine or transform particular subject matter that's the issue we took to the Supreme Court
Nip, Tuck and Tax

Nip, Tuck and Tax

Facial Plastic Surgeon Dr. Daniel Rousso on taxing Botox and cosmetic surgery.

Video|Fri, 20 Nov 2009|More from FOX Business
|botox injectionsfound at0:19, 1:48, 2:52

to mention some details here about how much. Four point seven million Botox injections last year average cost per visit about 400 bucks it's about one point eight. Billion dollars if they tax. These Botox injections and they're talking about taxing other things like breast implants and tummy tucks. Do you think there will be fewer of these
tax on the middle class could it. It's it's often portrayed he's Botox injections as something that just the wealthy use. Is that your experience.
looking to tax something it's going to be the elective stuff like Botox injections .