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GM employees who are not union members may be laid off. A judge may also approve pay cuts for GM salaried employees which it can do as if it were outside the bankruptcy.
If you think you are driving a GM lemon in California, please call the Law Offices of Delsack and Associates for a free consultation and review. You can reach them at 888-Ex-Lemon (888-395-3666).
Whereas Chrysler had entered into an agreement with Fiat before its case began in the bankruptcy court, General Motors is attempting to reorganize without such prior arrangements, with the help of financing from the treasury, which is providing $30 billion to allow the company to continue to operate while it is in bankruptcy. This is in addition to the $20 billion previously given to GM.
Think your vehicle may be a lemon and you want to know the impact a Chrysler or GM bankruptcy may have on your potential lemon law case? Call the Law Offices of Delsack & Associates for a free consultation and find out. 888-Ex-Lemon (888-395-3666).
The company is demanding that these dealerships close by the end of 2010. Many of the dealers scheduled to close are attempting to block the closure action which will then leave it to the bankruptcy judge to decide. GM, in the interim, will continue to provide inventory to its dealers.
GM has announced that in addition to the governments’ standing behind GM’s warranties, it would also honor all warranties and recall notices.
Living in California and concerned that your GM vehicle may be a lemon? Call our offices for a free consultation at 888-Ex-Lemon (888-395-3666).
Yes, it is expected that GM will honor its contract with the U.A.W., whose members approved changes last week.
If you have any questions about how the GM Bankruptcy may affect your California Lemon Law case, please call the Law Offices of Delsack & Associates, LLC at 888-Ex-Lemon (888-395-3666).
The government has announced that supplier contracts, which normally could be canceled in bankruptcy, would remain in force and has established a new program to provide help to suppliers. Eventually General Motors will ask the approval of the court to allow it to end contracts with some suppliers who, while they may challenge the cancellations, will most likely have to reach some kind of a settlement with GM.
Although the Obama administration states that will take no direct interest in the day-to-day operations of the new GM, it is nevertheless known to favor smaller cars and hybrid electric vehicles.
If you think your GM vehicle may qualify under the California Lemon Law, please call to talk with one of our attorneys. Our toll free number is 888-Ex-Lemon (888-395-3666).
The answer is “yes”. The government has publictly stated that it will stand behind all warranties for those cars, trucks, or suv’s purchased during the bankruptcy, as it has stated it will do for Chrysler buyers.
If you are concerned that your vehicle may be a lemon, please call the California Lemon Law Firm, Delsack & Associates for a free consultation and review. Their toll free number is 888-Ex-Lemon (888-395-3666).
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