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#1
Posted to rec.crafts.metalworking,alt.machines.cnc,alt.home.repair
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Selling prototypes, beta-versions: Liabilities?
Awl --
Suppose you build something, in yer home shop. Suppose a neightbor comes by and says, Hey, BillyBob, dats a really neat whatsit, can I buy it offa you? SHORE!!! But, I cain't vouch for my welding, matchining, or anything else..... Is BillyBob on the hook his neighbor then breaks his ass or pokes his eye out with BillyBob's whatsit?? Now, Suppose BillyBob puts the same prototype whatsit (cuz he made a few samples) on craigslist, or ebay (not knowing that BillyBob just lost an eye on a similar prototype), with the same disclaimer. Suppose the craigslist/ebay person then pokes his eye out. Is BillyBob liable? Suppose two scenarios: 1. the whatsit actually broke, or 2. the neighbor/buyer used it in a risky way -- like, say, the prototype was some RAS, but without the blade guard, with a subsequent missing finger.... How bout if he explicitly stated, This thing could poke yer eye out, take yer finger off.... ? Does any of the above change with a mom/pop corporation selling prototypes, one-offs, etc? Any experiences/conjectures welcome. -- EA |
#2
Posted to rec.crafts.metalworking,alt.machines.cnc,alt.home.repair
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Selling prototypes, beta-versions: Liabilities?
On 9/17/2011 2:39 PM, Existential Angst wrote:
Awl -- Suppose you build something, in yer home shop. Suppose a neightbor comes by and says, Hey, BillyBob, dats a really neat whatsit, can I buy it offa you? SHORE!!! But, I cain't vouch for my welding, matchining, or anything else..... Is BillyBob on the hook his neighbor then breaks his ass or pokes his eye out with BillyBob's whatsit?? Now, Suppose BillyBob puts the same prototype whatsit (cuz he made a few samples) on craigslist, or ebay (not knowing that BillyBob just lost an eye on a similar prototype), with the same disclaimer. Suppose the craigslist/ebay person then pokes his eye out. Is BillyBob liable? Suppose two scenarios: 1. the whatsit actually broke, or 2. the neighbor/buyer used it in a risky way -- like, say, the prototype was some RAS, but without the blade guard, with a subsequent missing finger.... How bout if he explicitly stated, This thing could poke yer eye out, take yer finger off.... ? Does any of the above change with a mom/pop corporation selling prototypes, one-offs, etc? Any experiences/conjectures welcome. I incorporated my consulting business for this reason. I could not buy liability insurance. Contractor's accountant put me on to this site: http://www.bizfilings.com/ You want the corporation to be liable. Contractors will incorporate every new housing project for this reason and keep little of their assets in the corporation. |
#3
Posted to rec.crafts.metalworking,alt.machines.cnc,alt.home.repair
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Selling prototypes, beta-versions: Liabilities?
"Frank" wrote in message ... I incorporated my consulting business for this reason. I could not buy liability insurance. Contractor's accountant put me on to this site: http://www.bizfilings.com/ You want the corporation to be liable. Contractors will incorporate every new housing project for this reason and keep little of their assets in the corporation. That is why our small ham radio club incorporated. Only about 30 members and token dues of $ 5 a year. Even put in for a 501C3 or whatever nonprofit so some businesses would donate things such as ham sandwiches for public service events to us. |
#4
Posted to rec.crafts.metalworking,alt.machines.cnc,alt.home.repair
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Selling prototypes, beta-versions: Liabilities?
"Existential Angst" wrote in message ... Awl -- Suppose you build something, in yer home shop. Suppose a neightbor comes by and says, Hey, BillyBob, dats a really neat whatsit, can I buy it offa you? SHORE!!! But, I cain't vouch for my welding, matchining, or anything else..... Is BillyBob on the hook his neighbor then breaks his ass or pokes his eye out with BillyBob's whatsit?? Now, Suppose BillyBob puts the same prototype whatsit (cuz he made a few samples) on craigslist, or ebay (not knowing that BillyBob just lost an eye on a similar prototype), with the same disclaimer. Suppose the craigslist/ebay person then pokes his eye out. Is BillyBob liable? Suppose two scenarios: 1. the whatsit actually broke, or 2. the neighbor/buyer used it in a risky way -- like, say, the prototype was some RAS, but without the blade guard, with a subsequent missing finger.... How bout if he explicitly stated, This thing could poke yer eye out, take yer finger off.... ? Does any of the above change with a mom/pop corporation selling prototypes, one-offs, etc? Any experiences/conjectures welcome. -- EA Several years ago I was subjected to a seminar run by my company's attorney. Two thoughts have stuck with me. 1) You never want to have to sit in the witness chair. 2) You don't know the answer until the judge tells you. Be goverened by those. I no longer will loan out ladders or power tools. I did have a neighbor fall off a ladder. No injuries but it was a warning to me. Charlie |
#5
Posted to rec.crafts.metalworking,alt.machines.cnc,alt.home.repair
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Selling prototypes, beta-versions: Liabilities?
On 9/17/2011 2:39 PM, Existential Angst wrote:
Awl -- Suppose you build something, in yer home shop. Suppose a neightbor comes by and says, Hey, BillyBob, dats a really neat whatsit, can I buy it offa you? SHORE!!! But, I cain't vouch for my welding, matchining, or anything else..... Is BillyBob on the hook his neighbor then breaks his ass or pokes his eye out with BillyBob's whatsit?? Now, Suppose BillyBob puts the same prototype whatsit (cuz he made a few samples) on craigslist, or ebay (not knowing that BillyBob just lost an eye on a similar prototype), with the same disclaimer. Suppose the craigslist/ebay person then pokes his eye out. Is BillyBob liable? Suppose two scenarios: 1. the whatsit actually broke, or 2. the neighbor/buyer used it in a risky way -- like, say, the prototype was some RAS, but without the blade guard, with a subsequent missing finger.... How bout if he explicitly stated, This thing could poke yer eye out, take yer finger off.... ? Does any of the above change with a mom/pop corporation selling prototypes, one-offs, etc? Any experiences/conjectures welcome. U-Haul builds their own trailers. They used to sell the old ones but for liability reasons they now dismantle and cut them up into pieces and sell as scrap metal. |
#6
Posted to rec.crafts.metalworking,alt.machines.cnc,alt.home.repair
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Selling prototypes, beta-versions: Liabilities?
"Existential Angst" fired this volley in
: Does any of the above change with a mom/pop corporation selling prototypes, one-offs, etc? Any experiences/conjectures welcome. Yep. My attorney (who's actually got a reputation for being good at this stuff) told me that even with a RAFT of waivers and hold-harmless agreements - which _might_ get you off the hook in court - you still can never prevent someone from suing you. And that's always costly and time- consuming. He suggests that before you sell anything with any hazard potential at all, that you incorporate as an LLC. Then, they can sue the LLC, but if it's structured right, all they'll get is any insurance the LLC carries, while your personal assets are protected unless you've been criminally negligent in allowing something you _knew_ would cause injury to be sold to people you knew would injure themselves with it. Incorporating that way is only a few hundred bucks in most states, and carries with it only a small burden for record keeping and reporting. LLoyd |
#7
Posted to rec.crafts.metalworking,alt.machines.cnc,alt.home.repair
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Selling prototypes, beta-versions: Liabilities?
"Lloyd E. Sponenburgh" lloydspinsidemindspring.com wrote in message . 3.70... "Existential Angst" fired this volley in : Does any of the above change with a mom/pop corporation selling prototypes, one-offs, etc? Any experiences/conjectures welcome. Yep. My attorney (who's actually got a reputation for being good at this stuff) told me that even with a RAFT of waivers and hold-harmless agreements - which _might_ get you off the hook in court - you still can never prevent someone from suing you. And that's always costly and time- consuming. He suggests that before you sell anything with any hazard potential at all, that you incorporate as an LLC. Then, they can sue the LLC, but if it's structured right, all they'll get is any insurance the LLC carries, while your personal assets are protected unless you've been criminally negligent in allowing something you _knew_ would cause injury to be sold to people you knew would injure themselves with it. Incorporating that way is only a few hundred bucks in most states, and carries with it only a small burden for record keeping and reporting. LLoyd In addition if the state you live in has a homestead act, register your home and protect it from a lawsuit. Best Regards Tom. |
#8
Posted to rec.crafts.metalworking,alt.machines.cnc,alt.home.repair
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Selling prototypes, beta-versions: Liabilities?
"azotic" fired this volley in news:j532ka$kf5$1
@speranza.aioe.org: In addition if the state you live in has a homestead act, register your home and protect it from a lawsuit. My son is handicapped. We signed everything we own into a durable trust for him; He owns it all. Because he is incompetent to enter into any agreements with anyone, he cannot be found liable for any form of tort or contract breach. The trust cannot be touched. Even if I screwed up and was found liable, they couldn't take the house away. But the LLC helps improve even that, because it doesn't own anything but the intellectual rights to what it sells (and usually for prototypes or one-offs, the customer actually owns those, anyway). I wouldn't ever deliberately sell anything I knew was going to hurt someone. However, if I got one of those typical suit notices on my desk where the customer was careless, and now they are going after everyone they think may pay for their stupidity, I'd just notify them that the corporation was dissolved due to insufficient resources to litigate, and that they were welcome to the proceeds of the dissolution -- which was whatever petty cash was still in the front desk's drawers when the corporation went out of business. The desk, of course, would have been leased, and had to be returned to its owners. LLoyd |
#9
Posted to rec.crafts.metalworking,alt.machines.cnc,alt.home.repair
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Selling prototypes, beta-versions: Liabilities?
"Lloyd E. Sponenburgh" lloydspinsidemindspring.com wrote in message . 3.70... "azotic" fired this volley in news:j532ka$kf5$1 @speranza.aioe.org: In addition if the state you live in has a homestead act, register your home and protect it from a lawsuit. My son is handicapped. We signed everything we own into a durable trust for him; He owns it all. Because he is incompetent to enter into any agreements with anyone, he cannot be found liable for any form of tort or contract breach. The trust cannot be touched. Even if I screwed up and was found liable, they couldn't take the house away. But the LLC helps improve even that, because it doesn't own anything but the intellectual rights to what it sells (and usually for prototypes or one-offs, the customer actually owns those, anyway). I wouldn't ever deliberately sell anything I knew was going to hurt someone. However, if I got one of those typical suit notices on my desk where the customer was careless, and now they are going after everyone they think may pay for their stupidity, I'd just notify them that the corporation was dissolved due to insufficient resources to litigate, and that they were welcome to the proceeds of the dissolution -- which was whatever petty cash was still in the front desk's drawers when the corporation went out of business. The desk, of course, would have been leased, and had to be returned to its owners. LLoyd In todays world you have to make yourself judgement proof. Having been a defendant i can tell you its a major pain. It took 4 years to settle and even when you win you lose. There is no way to recover the lost time and money spent defending your self. Even if you have no assets to satisfy a judgement you will probobaly be called as a witness, at the very least you will have to give a deposition. We are in dire need of major tort reform. Best Regards Tom. |
#10
Posted to rec.crafts.metalworking,alt.machines.cnc,alt.home.repair
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Selling prototypes, beta-versions: Liabilities?
"Existential Angst" wrote in message ... Awl -- Suppose you build something, in yer home shop. Suppose a neightbor comes by and says, Hey, BillyBob, dats a really neat whatsit, can I buy it offa you? SHORE!!! But, I cain't vouch for my welding, matchining, or anything else..... Is BillyBob on the hook his neighbor then breaks his ass or pokes his eye out with BillyBob's whatsit?? I am not a lawyer nor do I play one on tv but... maybe you could do like the phone companies do and force people into binding arbitration as part of the terms of service? |
#11
Posted to rec.crafts.metalworking,alt.machines.cnc,alt.home.repair
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Selling prototypes, beta-versions: Liabilities?
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#12
Posted to rec.crafts.metalworking,alt.machines.cnc,alt.home.repair
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Selling prototypes, beta-versions: Liabilities?
On Sep 17, 1:39*pm, "Existential Angst" wrote:
Awl -- Suppose you build something, in yer home shop. Suppose a neightbor comes by and says, Hey, BillyBob, dats a really neat whatsit, can I buy it offa you? SHORE!!! *But, I cain't vouch for my welding, matchining, or anything else..... Is BillyBob on the hook his neighbor then breaks his ass or pokes his eye out with BillyBob's whatsit?? Now, Suppose BillyBob puts the same prototype whatsit (cuz he made a few samples) on craigslist, or ebay (not knowing that BillyBob just lost an eye on a similar prototype), with the same disclaimer. Suppose the craigslist/ebay person then pokes his eye out. Is BillyBob liable? Suppose two scenarios: *1. the whatsit actually broke, or *2. *the neighbor/buyer used it in a risky way -- like, say, the prototype was some RAS, but without the blade guard, with a subsequent missing finger.... How bout if he explicitly stated, This thing could poke yer eye out, take yer finger off.... * ? Does any of the above change with a mom/pop corporation selling prototypes, one-offs, etc? Any experiences/conjectures welcome. -- EA Ah................ disclaimer? "due to this product being a prototype & not yet fully tested, seller assumes no responsibility to buyer for any defect,personal injury or property damage due to negligence , misuse causing failure of this product." notery: by signing here you___________ accept the above terms & conditions date__________ buyer ________________ seller that should be enough to scare the **** out of the weak ones that dont really need the product. the best one I've seen on milk cases ect. is: "misuse of this container constitutes theft!" *******s! stolen milk case!! Hey it keep me busy making molds for that crap , many years. --- ~g~ |
#13
Posted to rec.crafts.metalworking,alt.machines.cnc,alt.home.repair
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Selling prototypes, beta-versions: Liabilities?
On 9/17/2011 4:36 PM, Tony Miklos wrote:
On 9/17/2011 2:39 PM, Existential Angst wrote: Awl -- Suppose you build something, in yer home shop. Suppose a neightbor comes by and says, Hey, BillyBob, dats a really neat whatsit, can I buy it offa you? SHORE!!! But, I cain't vouch for my welding, matchining, or anything else..... Is BillyBob on the hook his neighbor then breaks his ass or pokes his eye out with BillyBob's whatsit?? Now, Suppose BillyBob puts the same prototype whatsit (cuz he made a few samples) on craigslist, or ebay (not knowing that BillyBob just lost an eye on a similar prototype), with the same disclaimer. Suppose the craigslist/ebay person then pokes his eye out. Is BillyBob liable? Suppose two scenarios: 1. the whatsit actually broke, or 2. the neighbor/buyer used it in a risky way -- like, say, the prototype was some RAS, but without the blade guard, with a subsequent missing finger.... How bout if he explicitly stated, This thing could poke yer eye out, take yer finger off.... ? Does any of the above change with a mom/pop corporation selling prototypes, one-offs, etc? Any experiences/conjectures welcome. U-Haul builds their own trailers. They used to sell the old ones but for liability reasons they now dismantle and cut them up into pieces and sell as scrap metal. One of the biggest considerations today is to do as much as you can to protect yourself from pirate lawyers wanting to transfer wealth to themselves: "have an accident, call us first", "maybe you have been hurt and you don't even know it...call us now!" |
#14
Posted to rec.crafts.metalworking,alt.machines.cnc,alt.home.repair
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Selling prototypes, beta-versions: Liabilities?
On 9/17/2011 4:47 PM, Lloyd E. Sponenburgh wrote:
"Existential fired this volley in : Does any of the above change with a mom/pop corporation selling prototypes, one-offs, etc? Any experiences/conjectures welcome. Yep. My attorney (who's actually got a reputation for being good at this stuff) told me that even with a RAFT of waivers and hold-harmless agreements - which _might_ get you off the hook in court - you still can never prevent someone from suing you. And that's always costly and time- consuming. That is a basic concept of our legal system. You can't sign away your rights. He suggests that before you sell anything with any hazard potential at all, that you incorporate as an LLC. Then, they can sue the LLC, but if it's structured right, all they'll get is any insurance the LLC carries, while your personal assets are protected unless you've been criminally negligent in allowing something you _knew_ would cause injury to be sold to people you knew would injure themselves with it. Incorporating that way is only a few hundred bucks in most states, and carries with it only a small burden for record keeping and reporting. LLoyd |
#16
Posted to rec.crafts.metalworking,alt.machines.cnc,alt.home.repair
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Selling prototypes, beta-versions: Liabilities?
On 9/17/2011 6:20 PM, azotic wrote:
"Lloyd E. Sponenburgh" lloydspinsidemindspring.com wrote in message . 3.70... "azotic" fired this volley in news:j532ka$kf5$1 @speranza.aioe.org: In addition if the state you live in has a homestead act, register your home and protect it from a lawsuit. My son is handicapped. We signed everything we own into a durable trust for him; He owns it all. Because he is incompetent to enter into any agreements with anyone, he cannot be found liable for any form of tort or contract breach. The trust cannot be touched. Even if I screwed up and was found liable, they couldn't take the house away. But the LLC helps improve even that, because it doesn't own anything but the intellectual rights to what it sells (and usually for prototypes or one-offs, the customer actually owns those, anyway). I wouldn't ever deliberately sell anything I knew was going to hurt someone. However, if I got one of those typical suit notices on my desk where the customer was careless, and now they are going after everyone they think may pay for their stupidity, I'd just notify them that the corporation was dissolved due to insufficient resources to litigate, and that they were welcome to the proceeds of the dissolution -- which was whatever petty cash was still in the front desk's drawers when the corporation went out of business. The desk, of course, would have been leased, and had to be returned to its owners. LLoyd In todays world you have to make yourself judgement proof. Having been a defendant i can tell you its a major pain. It took 4 years to settle and even when you win you lose. There is no way to recover the lost time and money spent defending your self. Even if you have no assets to satisfy a judgement you will probobaly be called as a witness, at the very least you will have to give a deposition. We are in dire need of major tort reform. Best Regards Tom. That idea also has downsides. A good friend was involved in a car accident (an older guy pulled out without looking at a high rate of speed and crossed over into the lane my friend was in). Friend was young and just starting out. Guy was judgement proof (had all of his assets in trusts etc) and only had the state minimum car insurance. My friend was paying medical bills for years and still has serious medical issues that can never be repaired. |
#17
Posted to rec.crafts.metalworking,alt.machines.cnc,alt.home.repair
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Selling prototypes, beta-versions: Liabilities?
Existential Angst wrote:
Any experiences/conjectures welcome. Don't ask or take legal advice from craft/trade newsgroups is one mistake you never want to mak.. Oh, nevermind.. |
#18
Posted to rec.crafts.metalworking,alt.machines.cnc,alt.home.repair
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Selling prototypes, beta-versions: Liabilities?
"Existential Angst" wrote in message
Awl -- Suppose you build something, in yer home shop. Suppose a neightbor comes by and says, Hey, BillyBob, dats a really neat whatsit, can I buy it offa you? SHORE!!! But, I cain't vouch for my welding, matchining, or anything else..... Is BillyBob on the hook his neighbor then breaks his ass or pokes his eye out with BillyBob's whatsit?? Now, Suppose BillyBob puts the same prototype whatsit (cuz he made a few samples) on craigslist, or ebay (not knowing that BillyBob just lost an eye on a similar prototype), with the same disclaimer. Suppose the craigslist/ebay person then pokes his eye out. Is BillyBob liable? Suppose two scenarios: 1. the whatsit actually broke, or 2. the neighbor/buyer used it in a risky way -- like, say, the prototype was some RAS, but without the blade guard, with a subsequent missing finger.... How bout if he explicitly stated, This thing could poke yer eye out, take yer finger off.... ? Does any of the above change with a mom/pop corporation selling prototypes, one-offs, etc? Any experiences/conjectures welcome. Lawyers work on a contingency basis and look for "deep pockets". If your business is incorporated or limited liability and has no money, then the lawyer will not take the case because there is nothing to win! If however you are a multi-billion dollar corporation, then the lawyers will line up to have a go at you... |
#19
Posted to rec.crafts.metalworking,alt.machines.cnc,alt.home.repair
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Selling prototypes, beta-versions: Liabilities?
"George" wrote in message ... One of the biggest considerations today is to do as much as you can to protect yourself from pirate lawyers wanting to transfer wealth to themselves: "have an accident, call us first", "maybe you have been hurt and you don't even know it...call us now!" Everyone deserves to be represented by an attorney in court. The lawyers are not the problem. The real problem is caused by gullible jurors. |
#20
Posted to rec.crafts.metalworking,alt.machines.cnc,alt.home.repair
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Selling prototypes, beta-versions: Liabilities?
"Harvey Specter" wrote in message eb.com... Everyone deserves to be represented by an attorney in court. The lawyers are not the problem. The real problem is caused by gullible jurors. Limiting awards to actual damages would be a big improvement. No money for pain and suffering. Juries need to figure out they don't have to award more than actual damages to be fair. Best Regards Tom. |
#21
Posted to rec.crafts.metalworking,alt.machines.cnc,alt.home.repair
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Selling prototypes, beta-versions: Liabilities?
On 9/18/2011 5:14 PM, Harvey Specter wrote:
wrote in message ... One of the biggest considerations today is to do as much as you can to protect yourself from pirate lawyers wanting to transfer wealth to themselves: "have an accident, call us first", "maybe you have been hurt and you don't even know it...call us now!" Everyone deserves to be represented by an attorney in court. The lawyers are not the problem. The real problem is caused by gullible jurors. Good you straightened that out. I suppose the reason they run those ads and have their own response teams to get the hospital first after an accident isn't for their own benefit. All they hope for is to just get their wages out of the deal. |
#22
Posted to rec.crafts.metalworking,alt.machines.cnc,alt.home.repair
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Selling prototypes, beta-versions: Liabilities?
On 9/18/2011 5:51 PM, azotic wrote:
"Harvey Specter" wrote in message eb.com... Everyone deserves to be represented by an attorney in court. The lawyers are not the problem. The real problem is caused by gullible jurors. Limiting awards to actual damages would be a big improvement. No money for pain and suffering. Juries need to figure out they don't have to award more than actual damages to be fair. Best Regards Tom. Let me be the devils advocate. You are in an accident that is no fault of your own. For example lets say you are at the big box buying a box of nails and a higher shelf collapses on you. You loose six months of work and live in uncontrollable pain the rest of your life because of the injuries you received. Would it be OK with you if the big box insurance picked up the tab for the medical expenses and paid you six months of lost wages and then you were on your own? |
#23
Posted to rec.crafts.metalworking,alt.machines.cnc,alt.home.repair
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Selling prototypes, beta-versions: Liabilities?
"George" wrote in message ... On 9/18/2011 5:51 PM, azotic wrote: "Harvey Specter" wrote in message eb.com... Everyone deserves to be represented by an attorney in court. The lawyers are not the problem. The real problem is caused by gullible jurors. Limiting awards to actual damages would be a big improvement. No money for pain and suffering. Juries need to figure out they don't have to award more than actual damages to be fair. Best Regards Tom. Let me be the devils advocate. You are in an accident that is no fault of your own. For example lets say you are at the big box buying a box of nails and a higher shelf collapses on you. You loose six months of work and live in uncontrollable pain the rest of your life because of the injuries you received. Would it be OK with you if the big box insurance picked up the tab for the medical expenses and paid you six months of lost wages and then you were on your own? Would money relieve the pain? No. If i got paid for the medical bills and time lost i would be satisified. People who injur themselves sometimes suffer pain all thier and lives they and live with it. Lets say a person cuts into a high voltage cable to steal the copper and is toasted but survives should they be able to litigate for pain and suffering? Best Regards Tom. |
#24
Posted to rec.crafts.metalworking,alt.machines.cnc,alt.home.repair
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Selling prototypes, beta-versions: Liabilities?
"George" wrote in message ... On 9/18/2011 5:14 PM, Harvey Specter wrote: wrote in message ... One of the biggest considerations today is to do as much as you can to protect yourself from pirate lawyers wanting to transfer wealth to themselves: "have an accident, call us first", "maybe you have been hurt and you don't even know it...call us now!" Everyone deserves to be represented by an attorney in court. The lawyers are not the problem. The real problem is caused by gullible jurors. Good you straightened that out. I suppose the reason they run those ads and have their own response teams to get the hospital first after an accident isn't for their own benefit. All they hope for is to just get their wages out of the deal. Contingency fees are the only option for most people. Let me be the devils advocate. You are in an accident that is no fault of your own. For example lets say you are at the big box buying a box of nails and a higher shelf collapses on you. You loose six months of work and live in uncontrollable pain the rest of your life because of the injuries you received. Sound familiar? ;-) Now unable to work and without income, could you afford to pay an attorney the upfront fees required to successfully sue the big box store? |
#25
Posted to rec.crafts.metalworking,alt.machines.cnc,alt.home.repair
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Selling prototypes, beta-versions: Liabilities?
azotic wrote the following:
"Harvey Specter" wrote in message eb.com... Everyone deserves to be represented by an attorney in court. The lawyers are not the problem. The real problem is caused by gullible jurors. Limiting awards to actual damages would be a big improvement. No money for pain and suffering. Juries need to figure out they don't have to award more than actual damages to be fair. Best Regards Tom. How about "loss of consortium"? -- Bill In Hamptonburgh, NY In the original Orange County. Est. 1683 To email, remove the double zeroes after @ |
#26
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Selling prototypes, beta-versions: Liabilities?
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#27
Posted to rec.crafts.metalworking,alt.machines.cnc,alt.home.repair
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Selling prototypes, beta-versions: Liabilities?
Best Regards Tom. That idea also has downsides. A good friend was involved in a car accident (an older guy pulled out without looking at a high rate of speed and crossed over into the lane my friend was in). Friend was young and just starting out. Guy was judgement proof (had all of his assets in trusts etc) and only had the state minimum car insurance. My friend was paying medical bills for years and still has serious medical issues that can never be repaired. Did your friend have auto insurance? His company shopuld have picked up the tab. uninsured/underinsured coverage. Remove 333 to reply. Randy |
#28
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Selling prototypes, beta-versions: Liabilities?
On Sun, 18 Sep 2011 10:38:33 -0700, "Bill"
wrote: "Existential Angst" wrote in message Awl -- Suppose you build something, in yer home shop. Suppose a neightbor comes by and says, Hey, BillyBob, dats a really neat whatsit, can I buy it offa you? SHORE!!! But, I cain't vouch for my welding, matchining, or anything else..... Is BillyBob on the hook his neighbor then breaks his ass or pokes his eye out with BillyBob's whatsit?? Now, Suppose BillyBob puts the same prototype whatsit (cuz he made a few samples) on craigslist, or ebay (not knowing that BillyBob just lost an eye on a similar prototype), with the same disclaimer. Suppose the craigslist/ebay person then pokes his eye out. Is BillyBob liable? Suppose two scenarios: 1. the whatsit actually broke, or 2. the neighbor/buyer used it in a risky way -- like, say, the prototype was some RAS, but without the blade guard, with a subsequent missing finger.... How bout if he explicitly stated, This thing could poke yer eye out, take yer finger off.... ? Does any of the above change with a mom/pop corporation selling prototypes, one-offs, etc? Any experiences/conjectures welcome. Lawyers work on a contingency basis and look for "deep pockets". If your business is incorporated or limited liability and has no money, then the lawyer will not take the case because there is nothing to win! If however you are a multi-billion dollar corporation, then the lawyers will line up to have a go at you... Pennsylvania just passed the Fair Share act. Remove 333 to reply. Randy |
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Selling prototypes, beta-versions: Liabilities?
On 9/18/2011 7:37 PM, Harvey Specter wrote:
wrote in message ... On 9/18/2011 5:14 PM, Harvey Specter wrote: wrote in message ... One of the biggest considerations today is to do as much as you can to protect yourself from pirate lawyers wanting to transfer wealth to themselves: "have an accident, call us first", "maybe you have been hurt and you don't even know it...call us now!" Everyone deserves to be represented by an attorney in court. The lawyers are not the problem. The real problem is caused by gullible jurors. Good you straightened that out. I suppose the reason they run those ads and have their own response teams to get the hospital first after an accident isn't for their own benefit. All they hope for is to just get their wages out of the deal. Contingency fees are the only option for most people. Who mentioned contingency fees? My point is about the really common practice where many/most lawyers are in business solely to transfer as much wealth as they possibly can to themselves in whatever way they can. Essentially they realized they don't need to stand in a dark alley with a hood over their head. They can dress in a nice suit and pretend they are honorable. Let me be the devils advocate. You are in an accident that is no fault of your own. For example lets say you are at the big box buying a box of nails and a higher shelf collapses on you. You loose six months of work and live in uncontrollable pain the rest of your life because of the injuries you received. Sound familiar? ;-) Now unable to work and without income, could you afford to pay an attorney the upfront fees required to successfully sue the big box store? |
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Selling prototypes, beta-versions: Liabilities?
On 9/18/2011 7:25 PM, azotic wrote:
"George" wrote in message ... On 9/18/2011 5:51 PM, azotic wrote: "Harvey Specter" wrote in message eb.com... Everyone deserves to be represented by an attorney in court. The lawyers are not the problem. The real problem is caused by gullible jurors. Limiting awards to actual damages would be a big improvement. No money for pain and suffering. Juries need to figure out they don't have to award more than actual damages to be fair. Best Regards Tom. Let me be the devils advocate. You are in an accident that is no fault of your own. For example lets say you are at the big box buying a box of nails and a higher shelf collapses on you. You loose six months of work and live in uncontrollable pain the rest of your life because of the injuries you received. Would it be OK with you if the big box insurance picked up the tab for the medical expenses and paid you six months of lost wages and then you were on your own? Would money relieve the pain? No. If i got paid for the medical bills and time lost i would be satisified. People who injur themselves sometimes suffer pain all thier and lives they and live with it. Lets say a person cuts into a high voltage cable to steal the copper and is toasted but survives should they be able to litigate for pain and suffering? Best Regards Tom. Who said anything about a criminal act? You are minding you own business and through no fault of your own you receive a serious injury. |
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Selling prototypes, beta-versions: Liabilities?
On 9/19/2011 8:08 AM, Randy333 wrote:
Best Regards Tom. That idea also has downsides. A good friend was involved in a car accident (an older guy pulled out without looking at a high rate of speed and crossed over into the lane my friend was in). Friend was young and just starting out. Guy was judgement proof (had all of his assets in trusts etc) and only had the state minimum car insurance. My friend was paying medical bills for years and still has serious medical issues that can never be repaired. Did your friend have auto insurance? His company shopuld have picked up the tab. uninsured/underinsured coverage. Sure, but you can blow through that pretty quick with serious injuries and that is what happened. Remove 333 to reply. Randy |
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Selling prototypes, beta-versions: Liabilities?
On 9/19/2011 8:10 AM, Randy333 wrote:
On Sun, 18 Sep 2011 10:38:33 -0700, "Bill" wrote: "Existential wrote in message Awl -- Suppose you build something, in yer home shop. Suppose a neightbor comes by and says, Hey, BillyBob, dats a really neat whatsit, can I buy it offa you? SHORE!!! But, I cain't vouch for my welding, matchining, or anything else..... Is BillyBob on the hook his neighbor then breaks his ass or pokes his eye out with BillyBob's whatsit?? Now, Suppose BillyBob puts the same prototype whatsit (cuz he made a few samples) on craigslist, or ebay (not knowing that BillyBob just lost an eye on a similar prototype), with the same disclaimer. Suppose the craigslist/ebay person then pokes his eye out. Is BillyBob liable? Suppose two scenarios: 1. the whatsit actually broke, or 2. the neighbor/buyer used it in a risky way -- like, say, the prototype was some RAS, but without the blade guard, with a subsequent missing finger.... How bout if he explicitly stated, This thing could poke yer eye out, take yer finger off.... ? Does any of the above change with a mom/pop corporation selling prototypes, one-offs, etc? Any experiences/conjectures welcome. Lawyers work on a contingency basis and look for "deep pockets". If your business is incorporated or limited liability and has no money, then the lawyer will not take the case because there is nothing to win! If however you are a multi-billion dollar corporation, then the lawyers will line up to have a go at you... Pennsylvania just passed the Fair Share act. I live in PA. That might mean one less antique car or some other toy for a lawyer and really wouldn't stop the way lawyers operate. First thing they do is look to see how many pockets they can empty. Without getting into a big story I know someone who legally disposed of an old car his daughter used going to college. The title was forged by others and the repaired version of the car was reborn. Sometime later two kids died in a car fire while according to the toxicology report were using alcohol and drugs. The lawyers followed the ownership of the car back and determined how much of his assets could be touched and sued him for that amount on the basis that there were service bulletins that were not followed while he owned the car. His money was noise compared to what they wanted from the auto makers etc but it meant say a new high end sports car for a lawyer. Remove 333 to reply. Randy |
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Selling prototypes, beta-versions: Liabilities?
On Mon, 19 Sep 2011 08:46:31 -0400, George
wrote: On 9/18/2011 7:25 PM, azotic wrote: "George" wrote in message ... On 9/18/2011 5:51 PM, azotic wrote: "Harvey Specter" wrote in message eb.com... Everyone deserves to be represented by an attorney in court. The lawyers are not the problem. The real problem is caused by gullible jurors. Limiting awards to actual damages would be a big improvement. No money for pain and suffering. Juries need to figure out they don't have to award more than actual damages to be fair. Best Regards Tom. Let me be the devils advocate. You are in an accident that is no fault of your own. For example lets say you are at the big box buying a box of nails and a higher shelf collapses on you. You loose six months of work and live in uncontrollable pain the rest of your life because of the injuries you received. Would it be OK with you if the big box insurance picked up the tab for the medical expenses and paid you six months of lost wages and then you were on your own? Would money relieve the pain? No. If i got paid for the medical bills and time lost i would be satisified. People who injur themselves sometimes suffer pain all thier and lives they and live with it. Lets say a person cuts into a high voltage cable to steal the copper and is toasted but survives should they be able to litigate for pain and suffering? Best Regards Tom. Who said anything about a criminal act? You are minding you own business and through no fault of your own you receive a serious injury. A reasonable compromise is to allow juries to award punitive or pain and suffering damages but cap them at some reasonable multiple of compensatory damages (say treble or four times) and perhaps also impose an absolute amount cap (such as $1M). |
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Selling prototypes, beta-versions: Liabilities?
In article ,
Spehro Pefhany wrote: A reasonable compromise is to allow juries to award punitive or pain and suffering damages but cap them at some reasonable multiple of compensatory damages (say treble or four times) and perhaps also impose an absolute amount cap (such as $1M). I think much could be done by limiting class action suits. Many of these are just fishing expeditions for the attorneys who know what it will cost the companies to go to trial and submit an offer of settlement that is right around that. The last 4 class action suits I have been involved in, I got an average of $3.00 and the attorneys got an average of just over $ 35 million in fees. -- People thought cybersex was a safe alternative, until patients started presenting with sexually acquired carpal tunnel syndrome.-Howard Berkowitz |
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Selling prototypes, beta-versions: Liabilities?
On 9/19/2011 9:45 AM, Spehro Pefhany wrote:
On Mon, 19 Sep 2011 08:46:31 -0400, wrote: On 9/18/2011 7:25 PM, azotic wrote: wrote in message ... On 9/18/2011 5:51 PM, azotic wrote: "Harvey wrote in message eb.com... Everyone deserves to be represented by an attorney in court. The lawyers are not the problem. The real problem is caused by gullible jurors. Limiting awards to actual damages would be a big improvement. No money for pain and suffering. Juries need to figure out they don't have to award more than actual damages to be fair. Best Regards Tom. Let me be the devils advocate. You are in an accident that is no fault of your own. For example lets say you are at the big box buying a box of nails and a higher shelf collapses on you. You loose six months of work and live in uncontrollable pain the rest of your life because of the injuries you received. Would it be OK with you if the big box insurance picked up the tab for the medical expenses and paid you six months of lost wages and then you were on your own? Would money relieve the pain? No. If i got paid for the medical bills and time lost i would be satisified. People who injur themselves sometimes suffer pain all thier and lives they and live with it. Lets say a person cuts into a high voltage cable to steal the copper and is toasted but survives should they be able to litigate for pain and suffering? Best Regards Tom. Who said anything about a criminal act? You are minding you own business and through no fault of your own you receive a serious injury. A reasonable compromise is to allow juries to award punitive or pain and suffering damages but cap them at some reasonable multiple of compensatory damages (say treble or four times) and perhaps also impose an absolute amount cap (such as $1M). Agree, limits of some sort make sense. Current problem is the lawyers who aren't happy with their billing rate and want to go for the kill. They carefully identify every deep pocket that could possibly maybe have something to do with whatever the damages are and whip them into a frenzy to get the gazillion dollar awards. |
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Selling prototypes, beta-versions: Liabilities?
On 9/19/2011 9:51 AM, Kurt Ullman wrote:
In , Spehro wrote: A reasonable compromise is to allow juries to award punitive or pain and suffering damages but cap them at some reasonable multiple of compensatory damages (say treble or four times) and perhaps also impose an absolute amount cap (such as $1M). I think much could be done by limiting class action suits. Many of these are just fishing expeditions for the attorneys who know what it will cost the companies to go to trial and submit an offer of settlement that is right around that. The last 4 class action suits I have been involved in, I got an average of $3.00 and the attorneys got an average of just over $ 35 million in fees. Thats why class actions are often called the "litigation lottery" because they can really win big. Last one I received stated something like "In order to preserve maximum benefits for the class Dewey, Cheatum and Howe has agreed to accept $29 million. And the class members got a $3 off of next purchase coupon... |
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Selling prototypes, beta-versions: Liabilities?
"Kurt Ullman" wrote in message
... In article , Spehro Pefhany wrote: A reasonable compromise is to allow juries to award punitive or pain and suffering damages but cap them at some reasonable multiple of compensatory damages (say treble or four times) and perhaps also impose an absolute amount cap (such as $1M). I think much could be done by limiting class action suits. Many of these are just fishing expeditions for the attorneys who know what it will cost the companies to go to trial and submit an offer of settlement that is right around that. The last 4 class action suits I have been involved in, I got an average of $3.00 and the attorneys got an average of just over $ 35 million in fees. You're in the wrong classes. I got a free new phone with many accessories from Sprint when they decided to change systems and obsolete the old phones. Got $100 for IBM selling me bad Deskstar hard drives. Sometimes, class actions bring very reasonable results for the members of the class as well as the attorneys. In the IBM case, discovery revealed that IBM knew they had serious quality control problems but shipped the drives anyway. There's not much you can do when your own emails "indict" you. I've been invited to join other class actions, but reading the fine print revealed the "payout" was a discount on MORE crap made by the same vendor, so I opted out. In fact, I suspect that some of these supposed class actions were actually scams to dupe people into giving up personal information because the rewards were ridiculously low - less than it would cost a vendor them to gain customers through advertising. -- Bobby G. |
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Selling prototypes, beta-versions: Liabilities?
In article ,
"Robert Green" wrote: you. I've been invited to join other class actions, but reading the fine print revealed the "payout" was a discount on MORE crap made by the same vendor, so I opted out. In fact, I suspect that some of these supposed class actions were actually scams to dupe people into giving up personal information because the rewards were ridiculously low - less than it would cost a vendor them to gain customers through advertising. That has been my experience. I had a similar "class action" with Verizon back when it was still GTE Mobilnet. Got no money, but I could get a free earbud for my phone, if I reupped for two years more. Some punishment, something that probably costs them a buck or two if I extend my contract. There was NO gain from the suit w/o extending the contract. -- People thought cybersex was a safe alternative, until patients started presenting with sexually acquired carpal tunnel syndrome.-Howard Berkowitz |
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Selling prototypes, beta-versions: Liabilities?
On 9/19/2011 8:44 AM, George wrote:
My point is about the really common practice where many/most lawyers are in business solely to transfer as much wealth as they possibly can to themselves in whatever way they can. That's true for virtually all of us. Have you ever turned down a pay increase? I sure as hell have not! Essentially they realized they don't need to stand in a dark alley with a hood over their head. They can dress in a nice suit and pretend they are honorable. Clearly you have a hard-on for lawyers. If you ever find yourself needing legal representation, I suggest you hire a cub scout instead. |
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Selling prototypes, beta-versions: Liabilities?
In article ,
Ted tedjackson@compuserve.... wrote: Clearly you have a hard-on for lawyers. If you ever find yourself needing legal representation, I suggest you hire a cub scout instead. You know what sperm and lawyers have in common??? Only one in a million become human. -- People thought cybersex was a safe alternative, until patients started presenting with sexually acquired carpal tunnel syndrome.-Howard Berkowitz |
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