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Ohio Train Derailment settlement offer... $600 million
#3
(04-13-2024, 01:11 PM)IdeomotorPrisoner Wrote: ...
Even as nepotistic as corporate law is, I kinda see the angle of settling without admitting liability or admitting fault. Maybe GATX left this untracked car too long at their salty New Orleans railyard and it was their lack of maintenance that decayed the lubricant that prevents bearing from catastrophic failure.

I 'get it' too.  Since the practice of law has taken such an edge as to promote abusive opportunism, people 'settling' cases need them to actually be in a state of "done and over with" or there's no point in settling at all.  But the non-admission of fault is simply a 'trick' ... (if they weren't "at fault" why offer to settle at all.)

Our laws provide for cross-suits (or at least in theory, it used to.)  How Norfolk-Southern recoups its money is not the business of the complainants... so once 'fault' is admitted, they can go after GTX for 'settlement' without the victims being subjected to even more legal machinations (and costs.)
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RE: Ohio Train Derailment settlement offer... $600 million - by Maxmars - 04-13-2024, 01:23 PM

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