Definitions

For purposes of this Act, the following definitions shall apply: (1) The term eligible claim means a claim asserted in an eligible complaint on behalf of all eligible claimants. (2) The term eligible claimant means a plaintiff, class member, or putative class member represented in an eligible complaint who holds an eligible claim and who filed a proof of claim in the bankruptcy case captioned In re Motors Liquidation Company, et al., No. 09–50026 (Bankr. S.D.N.Y), based on death or personal injuries that were caused by or attributable to alleged defects in motor vehicles designed for operation on public roadways, or by the component parts of such motor vehicles, and in each case, manufactured, sold, or delivered by General Motors Corporation or any of its subsidiaries on or before June 1, 2009. (3) The term eligible complaint means the complaint filed with the United States Court of Federal Claims by or on behalf of eligible claimants on July 9, 2015, captioned Campbell, et al., v. United States, No. 15–717, alleging violation by the United States of amendment V to the Constitution in connection with the acquisition on July 10, 2009, by NGMCO, Inc., a United States Treasury-sponsored entity, of substantially all the assets of General Motors Corporation. (4) The term just compensation means payment of a lump-sum amount equal to the sum of— (A) 2.5 times the allowed amount listed on the final claims register filed on June 3, 2021, in the In re Motors Liquidation Company et al. bankruptcy case in respect of a proof of claim filed by or on behalf of an eligible claimant, plus (B) interest thereon from July 10, 2009, to the effective date of settlement at a rate of three and one-half percent (3.5 percent) per annum, compounded quarterly, plus (C) reasonable court-approved fees and costs to counsel of record on the eligible complaint, all without offset of any kind.