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Spring 2014 Quarterly Report from GM’s Non-asbestos Trust (the GUC Trust)

Writer's picture: Kirk HartleyKirk Hartley

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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About Kirk

Since becoming a lawyer in 1983, Kirk’s 35+ years of practice have focused on advising a wide range of corporations, associations, and individuals (as both plaintiffs and defendants) on both tort and commercial law issues centered around “mass torts.”

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