rice rocket
Well-known member
- Joined
- Mar 24, 2011
- Messages
- 3,175
Even if SEARS goes under, the CRAFTSMAN brand is worth more than Sears. And the owners of that brand know that much of the value in that that brand relies upon honoring its commitments.
This is often not the case though.
i.e. GM.
http://www.reuters.com/article/gm-impala-lawsuit-idUSN1E77I0Z820110819
Seeking class-action status and alleging breach of warranty, the lawsuit demands that GM fix the rods, saying that it had done so on Impala police vehicles.
But in a recent filing with the U.S. District Court in Detroit, GM noted that the cars were made by its predecessor General Motors Corp, now called Motors Liquidation Co or "Old GM," before its 2009 bankruptcy and federal bailout.
The current company, called "New GM," said it did not assume responsibility under the reorganization to fix the Impala problem, but only to make repairs "subject to conditions and limitations" in express written warranties. In essence, the automaker said, Trusky sued the wrong entity.
"New GM's warranty obligations for vehicles sold by Old GM are limited to the express terms and conditions in the Old GM written warranties on a going-forward basis," wrote Benjamin Jeffers, a lawyer for GM. "New GM did not assume responsibility for Old GM's design choices, conduct, or alleged breaches of liability under the warranty."
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