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In 2005 Firestone paid Ford $240 million to settle claims related to the recall. [63] Ford and Firestone worked to settle cases out of court to avoid punitive damages and were paying between $4 million and $8 million to settle cases involving fatalities and between $12 million to $16 million to settle cases of paralysis. [64]
It was drafted in response to fatalities related to Ford Explorers fitted with Firestone tires and was influenced by automobile, tire manufacturers, and consumer safety advocates. After congressional hearings were held in September 2000, Congress, in only an 18-hour span, passed the TREAD Act in October 2000.
The case, consolidated with Ford Motor Co. v. Bandemer, involved two product liability lawsuits brought against the Ford Motor Company at the state level related to two drivers' injuries in separate accidents involving Ford's vehicles in Montana and Minnesota. Ford challenged the lawsuits as the vehicles in question were manufactured elsewhere ...
Grimshaw v. Ford Motor Company (119 Cal.App.3d 757, 174 Cal.Rptr. 348) was a personal injury tort case decided in Orange County, California in February 1978 and affirmed by a California appellate court in May 1981.
Two S.C. sisters who years ago got a multimillion-dollar settlement after their mom died in a car crash have sued ex-banker Russell Laffitte for profiting off and misusing the money placed in a ...
Boorman’s affidavit provided a summary of the company’s defense. “While Ford did not dispute that it could have made a stronger roof, it did dispute that the F-250 Super Duty roof was weak ...
The General Motors streetcar conspiracy refers to the convictions of General Motors (GM) and related companies that were involved in the monopolizing of the sale of buses and supplies to National City Lines (NCL) and subsidiaries, as well as to the allegations that the defendants conspired to own or control transit systems, in violation of Section 1 of the Sherman Antitrust Act.
Bill Ford, executive chairman, Ford Motor Co., with his wife Lisa and their sons Will and Nick and Ciarán McMahon, chairman and managing director, Henry Ford & Son Ltd., on the replica of the ...