CNN Legal View With Ashleigh Banfield April 1, 2014 16:25:00
Victims for any crash that might have happened before the declaration of bankruptcy. want to bring in cnn's legal analyst and defense attorney, danny cevallos on this. you have written extensively about what this means. if you could lay it out in terms of old company, pre2009, prebankruptcy declaration, versus new company, post declaration. how does that change things? >> when it comes to bankruptcy, ashleigh, it's sort of counterintuitive to most of what we do in society. basically, bankruptcy gives a company a chance to start over. and that's exactly what gm, one of the biggest companies in ...
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