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General Motors Company Message Board

  • robert_dinero_here robert_dinero_here Jun 8, 2014 11:55 AM Flag

    Hiring Jenner & Block Doesn’t Pass the Laugh Test of “Independence”

    Good article. Unless it doesn't fit your preconceived notions.

    (((((Valukas is a very fine lawyer and he is in no way evil, but GM’s retention of Jenner & Block (aided by King & Spalding) to conduct a purportedly “independent” review is farcical.
    “But Professor Tobias said that Mr. Valukas was a good choice for the delicate task of investigating G.M. ‘His reputation is on the line with this report, so he is not likely to sacrifice that for G.M.,’ he said.
    Jenner & Block has long had ties with the automaker. In addition to performing securities work for the company, one of Jenner & Block’s lawyers, Robert S. Osborne, was G.M.’s general counsel from 2006 to 2009, years that the ignition switch problem festered within G.M. And before that, Mr. Osborne was a senior partner at Jenner & Block.
    The other firm involved in the internal investigation, King & Spalding, defended G.M. in a wrongful-death lawsuit filed by the family of Brooke Melton, a case that brought the ignition switch defect to light last year.”)))))

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