Editor's Note: Tune in tonight for an exclusive story on Amanda Dinnigan's case against GM on AC360° at 10 p.m. ET.
Robert Dinnigan is worried what will happen to his daughter Amanda if GM goes bankrupt this week.
Not because he works there – but because he's suing them.
He and hundreds of others who've taken GM and Chrysler to court for injuries they blame on defects are worried they'll end up with nothing to pay their loved one's medical bills if the companies go belly up.
Many are debating settling their case for far less than they'd get in court.
In Dinnigan's case, he says a faulty seatbelt in a GMC Envoy failed to protect 8-year-old Amanda, who's now a quadriplegic.
He estimates her health care costs to be $500,000 a year.
"It's a very big concern right now," said Dinnigan, 47, an ironworker in Local 361, who has assembled a mini-intensive care unit in his Smithtown, L.I., home for Amanda.
Their lawsuit is still in the early stages and because he'd be considered an unsecured creditor, he'd go to the very bottom of the list of claimants against GM in bankruptcy court. And even if there is a settlement or verdict in the Dinnigans' favor, they might collect only pennies on the dollar.
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