Question
What would be a good famous product liability case that has received a lot of media attention? What happened in the liability case? One of
What would be a good famous product liability case that has received a lot of media attention? What happened in the liability case?
One of the parties in the lawsuit has to be a business. How did the company handle the case? What concepts from the background materials were illustrated by this case?
Reference
Basu, T. (2014, March 31). Timeline: A history of GM's ignition switch defect. Retrieved April 11, 2019, from NPR at https://www.npr.org/2014/03/31/297158876/timeline-a-history-of-gms-ignition-switch-defect
In 2014, GM had to face the liability from a defective ignition switch in its Chevrolet Cobalt and other models. Great costs and apologies were part of the process. As of 2019, the matter was still unsettled with GM reportedly having spent $2.5 billion to settle and an eventual $1 billion settlement being negotiated.
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