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#2
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Bye bye Zenith...
sad that lawsuits like this can be heard... "miguel" wrote in message ... http://www.modbee.com/featured/story/901152.html |
#3
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Dan D wrote:
Bye bye Zenith... "miguel" wrote in message ... http://www.modbee.com/featured/story/901152.html sad that lawsuits like this can be heard... What I find strange is that the four defendant companies had allegedly agreed to pay $200,000 total to settle the suit, but then reneged. Remarkably low, for a case involving death, even less if the settlement was to be split between the four companies. If the plaintiff's claim about the previous agreed settlement is true, it sounds like there's some financial problems among the defendants.... Ron Wanttaja |
#4
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Ron Wanttaja wrote:
Dan D wrote: Bye bye Zenith... "miguel" wrote in message ... http://www.modbee.com/featured/story/901152.html sad that lawsuits like this can be heard... What I find strange is that the four defendant companies had allegedly agreed to pay $200,000 total to settle the suit, but then reneged. Remarkably low, for a case involving death, even less if the settlement was to be split between the four companies. If the plaintiff's claim about the previous agreed settlement is true, it sounds like there's some financial problems among the defendants.... Could be - but here's another possibility: I notice the story claims the companies agreed to the payments on April 20, but Zenith didn't get the results of formal flutter analysis till July. So their legal advisors probably made the initial decision under some uncertainty. Or they switched legal teams in the mean time and have gotten alternate advise. Also, perhaps they may also be seeing other lawsuits coming up so decided that nothing was to be gained from settling this lawsuit. In fact they may now feel they can win this lawsuit and thereby put the damper on anything that follows. |
#5
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"Ron Wanttaja" wrote in message
... Dan D wrote: Bye bye Zenith... "miguel" wrote in message ... http://www.modbee.com/featured/story/901152.html sad that lawsuits like this can be heard... What I find strange is that the four defendant companies had allegedly agreed to pay $200,000 total to settle the suit, but then reneged. Remarkably low, for a case involving death, even less if the settlement was to be split between the four companies. If the plaintiff's claim about the previous agreed settlement is true, it sounds like there's some financial problems among the defendants.... Ron Wanttaja or they got a lawyer with a spine who said if you pay up on this one you will be seen as admitting fault and the wolves will begin circling. And I would expect a Court case would be far more expensive, even if it was split 4 ways, than just paying up. -- Flying RA Aus, because its cheaper and I can do it more often :-) |
#6
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Jim Logajan wrote:
Ron Wanttaja wrote: What I find strange is that the four defendant companies had allegedly agreed to pay $200,000 total to settle the suit, but then reneged. Remarkably low, for a case involving death, even less if the settlement was to be split between the four companies. If the plaintiff's claim about the previous agreed settlement is true, it sounds like there's some financial problems among the defendants.... Could be - but here's another possibility: I notice the story claims the companies agreed to the payments on April 20, but Zenith didn't get the results of formal flutter analysis till July. So their legal advisors probably made the initial decision under some uncertainty. Or they switched legal teams in the mean time and have gotten alternate advise. No matter what formal analysis they have done, the plaintiff's lawyers will present their own experts who will, of course, come to an alternate conclusion. I understand the British CAA is still going to require changes. This indicates that not everyone is convinced, and you can bet the plaintiff will find some distinguished analyst to testify in their favor. Also, perhaps they may also be seeing other lawsuits coming up so decided that nothing was to be gained from settling this lawsuit. In fact they may now feel they can win this lawsuit and thereby put the damper on anything that follows. Risky move. They had one case, at least, settled. Now the plaintiffs are probably madder than heck, and the revised lawsuit includes punitive damages as well. The original out-of-court settlement wouldn't have set a legal precedent, but a loss in court will. Ron Wanttaja |
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