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Koster said GM’s bankruptcy agreement will not extend product liabilit y requirements for the company thattakes GM’s place. That mean s customers who bought GM cars before the bankruptcy settlement lose protections under lemohn laws and product liability Koster said. Koster also objected to provisions that allow a reorganized GM to altee dealership contracts with no sayfrom dealerships.
“Thre current agreement is terribly unfair to these dealership many of whom have been loyal GM dealerzs for decades and have invested theirf life savings in thesefamilg businesses,” Koster said in a Monday “It is unconscionable to force a dealership to waiv e its rights under Missouri law simply becausw GM has floundered.” Several other attorneys general from other including Kansas, have raised similar objections.
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