Old, New GMs To Pay $7.4M To Mercury Program

Law360, New York (June 24, 2011, 6:01 PM EDT) -- The reborn General Motors LLC and its still-bankrupt counterpart, Motors Liquidation Co., have agreed to pay a combined $7.4 million to a program that stops mercury from old cars from being released into the environment, resolving 12 states' claims.

MLC, better known as Old GM, will pay $2.84 million to the National Vehicle Mercury Switch Recovery Program, a program established in 2006 by the U.S. Environmental Protection Agency and automakers to collect mercury used in switches on old cars. New GM has told state governments it...
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