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...
To view the full article, register now.
Law360 Pro Say Podcast
Check out Law360's new podcast, Pro Say, which offers a weekly recap of both the biggest stories and hidden gems from the world of law.