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5/20/2009
Vicky Gracia
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Changes needed for Chryslers bankruptcy plan

ABC is reporting that consumer advocacy groups like the Center for Auto Safety have taken Chrysler back to bankruptcy court.  

Consumer advocacy groups are claiming that Chrysler is trying to avoid their responsibility to car owner who may sue in the future due to product liability.

In the event of one of their cars malfunctioning Chrysler would not be liable for the damage done to the vehicle or for any personal injury sustained by the car owner.   The Center for Auto Safety has decided that this needs to be changed.  

Currently Chrysler would is only liable for fulfilling the warranty of cars that have already been sold and are still under their existing factory warranty. 

This case will be reviewed and decided by a federal judge on May 27, 2009.

For more information on business and franchise matters visit Charles Internicola, Staten Island franchise and business lawyer on his blog at www.newyorkfranchiselaw.com


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