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The Taylor Cos., a nearly 200-year-old company that bills itself as the oldest furniture manufacturer in the United States, announced that it plans to go out of business. August 8, 2012 [14] On September 18, 2012 the Gasser Chair Co. of Youngstown, Ohio announced that it had acquired the intellectual property of Taylor Chair Co. This will allow ...
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Warranty claims historically required privity between the injured party and the manufacturer or seller; in plain English, they must be dealing directly with one another. As noted above, this requirement was demolished in the landmark Henningsen case. Breach of warranty-based product liability claims usually focus on one of three types:
A warranty is a term of a contract, but not usually a condition of the contract or an innominate term, meaning that it is a term "not going to the root of the contract", [6] and therefore only entitles the innocent party to damages if it is breached, [6] i.e. if the warranty is not true or the defaulting party does not perform the contract in ...
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When not sipping beer at Cheers, Norm satisfies his hunger at an eatery called The Hungry Heifer, whose emblem is a young cow smacking her chops. The customers there greet him just the same as the Cheers patrons do. He knows the waitresses by name, and usually orders a meal called a Feeding Frenzy, a monstrous supply of corn and beef.
Late in 2001, Masco announced Furniture Brands International would buy Henredon, Drexel Heritage and Maitland-Smith for $275 million, in a deal expected to return Furniture Brands to the number one U.S. furniture manufacturer, a title lost to La-Z-Boy when that company bought LADD in 2000. [13]