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Statute of Limitations

A law that sets the maximum time after an event occurs when legal proceedings may be initiated. After this time, a lawsuit typically cannot be filed.

Takings Clause (Fifth Amendment)

A part of the U.S. Constitution that states private property cannot be taken for public use without providing 'just compensation' to the owner.

Civil Action

A lawsuit brought to enforce, redress, or protect private rights, typically between individuals or organizations, as opposed to criminal cases.

Just Compensation

The fair and equitable payment for property taken by the government, or, in the context of this bill, a specific financial award defined by the bill for certain claimants.

Proof of Claim

A document filed in a bankruptcy case by a creditor (someone owed money) to formally state the amount of money owed to them by the bankrupt company or individual.

Bankruptcy Case (In re Motors Liquidation Company)

The legal proceedings related to the General Motors Corporation's bankruptcy in 2009, often referred to as the 'Old GM' bankruptcy.

Attorney General