Auto dealers shut down by the parent company say they were railroading into accepting poor deal
The Canadian Press Posted: Sep 09, 2014 10:28 AM ET Last Updated: Sep 09, 2014 10:28 AM ET
General Motors of Canada heads to court Tuesday to defend itself against a class action suit launched by 182 former dealers.
The dealers contend they should get more compensation for agreeing to shut down in 2009 when the automaker slashed its operations to qualify for billions of dollars of government bailout money.
The former dealers are seeking up to $750 million in compensation but the amount would be reduced by money they previously received from General Motors of Canada.
GM Canada says former dealers covered by the class action received a total of $123 million for agreeing to shut down by the end of 2009 and that there was no room for negotiation.
But the dealers argue they weren't given enough time under provincial law to make the decision and that they didn't receive proper legal advice from a Toronto firm, which has been named as a defendant in the class action against GM Canada.
The civil trial in Toronto is scheduled to last about six weeks.
Comments on this story are moderated according to our Submission Guidelines. Comments are welcome while open. We reserve the right to close comments at any time.
Submission Policy
Note: The CBC does not necessarily endorse any of the views posted. By submitting your comments, you acknowledge that CBC has the right to reproduce, broadcast and publicize those comments or any part thereof in any manner whatsoever. Please note that comments are moderated and published according to our submission guidelines.
Anda sedang membaca artikel tentang
GM Canada in court as former dealers demand compensation
Dengan url
http://belajarbisnismen.blogspot.com/2014/09/gm-canada-in-court-as-former-dealers.html
Anda boleh menyebar luaskannya atau mengcopy paste-nya
GM Canada in court as former dealers demand compensation
namun jangan lupa untuk meletakkan link
GM Canada in court as former dealers demand compensation
sebagai sumbernya
0 komentar:
Posting Komentar