Posts Tagged ‘California’

October 10 roundup

Update on Mraz v. Chrysler

Readers might remember the Mraz case, where a driver was run over by his own truck because he failed to engage the parking brake, and a jury nevertheless awarded $55 million. (March 8 and March 21, 2007.)

The Chrysler bankruptcy threw a wrench into the appellate process. Given the number of unsecured (and secured!) creditors who were taking a haircut on what Chrysler owed them, and the weakness of the case, one would expect the claim to be extinguished. But Chrysler unilaterally (and almost certainly politically) decided not to extinguish product-liability lawsuits against it, and the Mraz case has settled for $24 million. (Amanda Bronstad, “Chrysler bankruptcy judge approves $24 million personal injury settlement”, National Law Journal, Sep. 25). Of course, the likely $8-$10 million attorneys’ fee in this case is being funded by taxpayers’ bailout money.

If you’re not reading Point of Law

If you’re not following my other site, here’s some of what you’re missing:

Why not add Point of Law to your Google Reader or other RSS reader today, along of course with Overlawyered, if you haven’t yet?

“Lawsuits are the latest roadblock for California budget”

The L.A. Times reports (via PoL and Bainbridge) that just in case Golden State government were not dysfunctional enough otherwise, you-know-who has gotten involved:

Lawyers are being drafted in droves to unravel spending plans passed by the Legislature and signed by the governor. The goal of these litigators is to get back money their clients lost in the budget process. They are having considerable success, winning one lawsuit after another, costing the state billions of dollars and throwing California’s budget process into further tumult.