Fiat Seeks Relief from Product Liability Claims

Fiat has asked a federal bankruptcy judge to shield the automaker from “unknowable, but potentially vast” tort claims against further partner Chrysler. Fiat lawyers argued that Fiat should not be responsible for injuries caused by cars it did not manufacturer.

File this under “I Could See This Coming.” When you buy a company, you buy its assets and its debts. Consumer groups and plaintiff attorneys naturally disagree with this effort to buy Chrysler immunity from injuries caused by its negligence.