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A Texas jury ordered Volkswagen AGs Audi unit to pay $124.5 million to an 11-year-old boy who was left brain damaged in a 2012 rear-end collision.
GMs fate in a personal injury trial that will help shape hundreds of cases to come lies in the hands of these jurors.
GM, which faces at least 16 trials on death and injury claims in state and federal courts in the U.S. in 2016, has said in regulatory filings that it couldnt estimate its potential liability.
The U.S. Justice Department sued Volkswagen and laid out claims that could push penalties into the billions of dollars an opening salvo in a legal battle that could be far more costly for the German carmaker than had been expected.
Driverless cars are touted as leading to an accident-free future. But before we get to that utopia, there'll be plenty of collisions between robot cars and vehicles driven by humans.
Federal prosecutors dropped manslaughter charges against BP Plcs two top employees on the doomed oil rig that blew up in 2010.
The bulk of the money from BPs record settlement will go to the five states along the Gulf of Mexico whose shores were blackened in the 2010 oil spill.
BP will pay a record $18.7 billion to resolve claims by the U.S. and five states along the Gulf of Mexico related to the 2010 oil spill.
The settlements were the latest in a series of resolutions since the 2010 sinking of the Deepwater Horizon in the Gulf of Mexico, spilling millions of gallons of oil.
Nissan Motor Co. plans to expand a regional U.S. recall of cars with potentially defective Takata Corp. air bags after a woman said she was injured last month by shrapnel from the device in her 2006 Sentra sedan.
{ "author": { "name": "Margaret Cronin Fisk Bloomberg", "webUrl": "/author/profile/margaret-cronin-fisk-bloomberg/", "description": "", "imageLarge": "https://secure.gravatar.com/avatar/f16d6fc2845f417ea0e93a3f2b6cd37d?s=136&d=mm&r=g", "estimate": 20, "social": [], "articles": [ { "uri": "/2016/03/03/audi-loses-124-million-texas-verdict-over-seat-back-failure/", "title": "Audi loses $124 million Texas verdict over seat-back failure", "byline": "Margaret Cronin Fisk, Bloomberg", "kicker": "News", "prettyDate": "March 03, 2016", "timeToRead": "2 minute", "image": { "uri": "", "width": "", "height": "" }, "authors": [ { "webUrl": "/author/profile/margaret-cronin-fisk-bloomberg/", "name": "Margaret Cronin Fisk, Bloomberg" } ], "kickerNode": [ { "uri": "/news/", "sectionName": "News" } ], "summary": "A Texas jury ordered Volkswagen AGs Audi unit to pay $124.5 million to an 11-year-old boy who was left brain damaged in a 2012 rear-end collision.", "body": null }, { "uri": "/2016/01/12/heres-who-helps-decide-gms-fate-in-next-100-car-cr/", "title": "Here’s who helps decide GM’s fate in next 100 car crash cases", "byline": "Erik Larson, Margaret Cronin Fisk, Bloomberg", "kicker": "News", "prettyDate": "January 12, 2016", "timeToRead": "3 minute", "image": { "uri": "", "width": "", "height": "" }, "authors": [ { "webUrl": "/author/profile/erik-larson-margaret-cronin-fisk-bloomberg/", "name": "Erik Larson, Margaret Cronin Fisk, Bloomberg" } ], "kickerNode": [ { "uri": "/news/", "sectionName": "News" } ], "summary": "GMs fate in a personal injury trial that will help shape hundreds of cases to come lies in the hands of these jurors.", "body": null }, { "uri": "/2016/01/08/gm-ignition-nightmare-wont-go-away-for-victims-or-company/", "title": "GM ignition nightmare won’t go away, for victims or company", "byline": "Margaret Cronin Fisk, Bloomberg", "kicker": "News", "prettyDate": "January 08, 2016", "timeToRead": "7 minute", "image": { "uri": "", "width": "", "height": "" }, "authors": [ { "webUrl": "/author/profile/margaret-cronin-fisk-bloomberg/", "name": "Margaret Cronin Fisk, Bloomberg" } ], "kickerNode": [ { "uri": "/news/", "sectionName": "News" } ], "summary": "GM, which faces at least 16 trials on death and injury claims in state and federal courts in the U.S. in 2016, has said in regulatory filings that it couldnt estimate its potential liability.", "body": null }, { "uri": "/2016/01/05/volkswagen-faces-billions-of-dollars-in-penalties/", "title": "Volkswagen faces billions of dollars in penalties", "byline": " Alan Katz, Margaret Cronin Fisk, Bloomberg ", "kicker": "News", "prettyDate": "January 05, 2016", "timeToRead": "5 minute", "image": { "uri": "", "width": "", "height": "" }, "authors": [ { "webUrl": "/author/profile/alan-katz-margaret-cronin-fisk-bloomberg/", "name": "Alan Katz, Margaret Cronin Fisk, Bloomberg" } ], "kickerNode": [ { "uri": "/news/", "sectionName": "News" } ], "summary": "The U.S. Justice Department sued Volkswagen and laid out claims that could push penalties into the billions of dollars an opening salvo in a legal battle that could be far more costly for the German carmaker than had been expected.", "body": null }, { "uri": "/2015/12/23/driverless-cars-give-lawyers-bottomless-list-of-de/", "title": "Driverless cars give lawyers bottomless list of defendants", "byline": "Keith Naughton, Bloomberg, Margaret Cronin Fisk, Bloomberg", "kicker": "News", "prettyDate": "December 23, 2015", "timeToRead": "5 minute", "image": { "uri": "", "width": "", "height": "" }, "authors": [ { "webUrl": "/author/profile/keith-naughton-bloomberg-margaret-cronin-fisk-bloomberg/", "name": "Keith Naughton, Bloomberg, Margaret Cronin Fisk, Bloomberg" } ], "kickerNode": [ { "uri": "/news/", "sectionName": "News" } ], "summary": "Driverless cars are touted as leading to an accident-free future. But before we get to that utopia, there'll be plenty of collisions between robot cars and vehicles driven by humans.", "body": null }, { "uri": "/2015/12/02/bp-well-site-managers-spill-manslaughter-case-dropped/", "title": "BP well-site managers’ spill manslaughter case dropped", "byline": "Margaret Cronin Fisk, Bloomberg, Laurel Brubaker Calkins", "kicker": "News", "prettyDate": "December 02, 2015", "timeToRead": "4 minute", "image": { "uri": "", "width": "", "height": "" }, "authors": [ { "webUrl": "/author/profile/margaret-cronin-fisk-bloomberg-laurel-brubaker-calkins/", "name": "Margaret Cronin Fisk, Bloomberg, Laurel Brubaker Calkins" } ], "kickerNode": [ { "uri": "/news/", "sectionName": "News" } ], "summary": "Federal prosecutors dropped manslaughter charges against BP Plcs two top employees on the doomed oil rig that blew up in 2010.", "body": null }, { "uri": "/2015/07/06/whos-getting-bps-18-7-billion-settlement/", "title": "Who's getting BP's $18.7 billion settlement?", "byline": "Margaret Cronin Fisk, Bloomberg, Laurel Brubaker Calkins, Bloomberg", "kicker": "News", "prettyDate": "July 06, 2015", "timeToRead": "5 minute", "image": { "uri": "", "width": "", "height": "" }, "authors": [ { "webUrl": "/author/profile/margaret-cronin-fisk-bloomberg-laurel-brubaker-calkins-bloomberg/", "name": "Margaret Cronin Fisk, Bloomberg, Laurel Brubaker Calkins, Bloomberg" } ], "kickerNode": [ { "uri": "/news/", "sectionName": "News" } ], "summary": "The bulk of the money from BPs record settlement will go to the five states along the Gulf of Mexico whose shores were blackened in the 2010 oil spill.", "body": null }, { "uri": "/2015/07/02/bp-pays-record-18-7b-to-settle-claims-in-gulf-spill/", "title": "BP pays record $18.7B to settle claims in Gulf spill", "byline": "Margaret Cronin Fisk, Bloomberg, Laurel Calkins, Bloomberg, Del Quentin Wilber, Bloomberg", "kicker": "News", "prettyDate": "July 02, 2015", "timeToRead": "2 minute", "image": { "uri": "", "width": "", "height": "" }, "authors": [ { "webUrl": "/author/profile/margaret-cronin-fisk-bloomberg-laurel-calkins-bloomberg-del-quentin-wilber-bloomberg/", "name": "Margaret Cronin Fisk, Bloomberg, Laurel Calkins, Bloomberg, Del Quentin Wilber, Bloomberg" } ], "kickerNode": [ { "uri": "/news/", "sectionName": "News" } ], "summary": "BP will pay a record $18.7 billion to resolve claims by the U.S. and five states along the Gulf of Mexico related to the 2010 oil spill.", "body": null }, { "uri": "/2015/05/21/transocean-joins-halliburton-in-bp-deal-on-macondo-claims/", "title": "Transocean joins Halliburton in BP deal on Macondo claims", "byline": "David Wethe, Bloomberg, Margaret Cronin Fisk, Bloomberg", "kicker": "News", "prettyDate": "May 21, 2015", "timeToRead": "3 minute", "image": { "uri": "", "width": "", "height": "" }, "authors": [ { "webUrl": "/author/profile/david-wethe-bloomberg-margaret-cronin-fisk-bloomberg/", "name": "David Wethe, Bloomberg, Margaret Cronin Fisk, Bloomberg" } ], "kickerNode": [ { "uri": "/news/", "sectionName": "News" } ], "summary": "The settlements were the latest in a series of resolutions since the 2010 sinking of the Deepwater Horizon in the Gulf of Mexico, spilling millions of gallons of oil.", "body": null }, { "uri": "/2015/04/17/nissan-to-expand-u-s-recalls-tied-to-takata-air-ba/", "title": "Nissan to expand U.S. recalls tied to Takata air-bag flaw", "byline": "Jeff Plungis, Bloomberg, Margaret Cronin Fisk, Bloomberg", "kicker": "News", "prettyDate": "April 17, 2015", "timeToRead": "2 minute", "image": { "uri": "", "width": "", "height": "" }, "authors": [ { "webUrl": "/author/profile/jeff-plungis-bloomberg-margaret-cronin-fisk-bloomberg/", "name": "Jeff Plungis, Bloomberg, Margaret Cronin Fisk, Bloomberg" } ], "kickerNode": [ { "uri": "/news/", "sectionName": "News" } ], "summary": "Nissan Motor Co. plans to expand a regional U.S. recall of cars with potentially defective Takata Corp. air bags after a woman said she was injured last month by shrapnel from the device in her 2006 Sentra sedan.", "body": null } ] } }
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