Category: Walter Miller

Cadillac Test Drivers Warned of Ignition Switches Turning Off in 2006

April 16th, 2014 in 2014, Newsmakers, School of Law, Wall Street Journal, Walter Miller 0 comments

Wall Street Journal (subscription required)
Walter Miller, School of Law

A U.S. safety regulator released new documents on Wednesday showing General Motors Co. GM +1.83% ordered a more robust ignition switch before the release of a new Cadillac, stemming from complaints the engine could turn off while driving when the ignition was bumped…

Expert quote:

“Using bankruptcy protection to fend off lawsuits is not unexpected. Financial liability from lawsuits based on the type of inaction by GM reported in the media could be high. Any public relations loss will probably dissipate in the long term, but a heavy financial loss while the company is just beginning to recover from one financial crisis could have very serious effects.”

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The Bright Side Of Houghton Mifflin Harcourt’s Bankruptcy Filing

May 22nd, 2012 in 2012, Newsmakers, School of Law, Walter Miller, WBUR 0 comments

MillerWally_5311_white_65wWBUR
Walter Miller, School of Law

Houghton Mifflin Harcourt has been talking about it for awhile, and yesterday it formally filed for Chapter 11 bankruptcy protection…

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5 Bankruptcy Myths Debunked

May 14th, 2012 in 2012, Newsmakers, School of Law, U.S. News & World Report, Walter Miller 0 comments

MillerWally_5311_white_65wU.S. News & World Report
Walter Miller, School of Law

Nadya Suleman (known to gossip magazines as “Octomom”) recently filed for Chapter 7 bankruptcy after accumulating roughly $1 million in debt…

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