The GM non-asbestos trust (GUC) may end up as the only place for switch claimants to seek a recovery. The most recent quarterly report from the Trust was posted online by LAW360 as part of a substantive article evaluating the statement (subscription fee for article). The bottom line is that the trust’s assets primarily are shares of GM stock with a current value of about $1 billion.
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The Intersection Among Torts, Science, Corporate Law, Insurance & Bankruptcy

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