Ten Years Stuck in a Legal Quagmire

More than nine years ago, “Legal Files” (December 2008, p. 26) reported about the seizure of a 1957 Ferrari 250 GT Pinin Farina Series I cabriolet, chassis 0799GT, from the Sharon, CT, home of noted collector Barney Hallingby.

Hallingby got the car back after about a year, but the litigation over its ownership has just ended — or has it? With the assistance of Hallingby and his lead counsel, Denver’s Lawrence Treece, we are now able to tell the full Read More

Tucker Torpedo Launches Into Court

Preston Tucker sure had big dreams. After World War II ended, he embarked on an ambitious plan to design, build and market his own car. His dreams came to fruition, and his eponymous company eventually produced 51 Tucker 48s before it went down in a financial firestorm.

Tucker’s car was identified as the Tucker Torpedo during its design and promotion phase. When the concept was finalized and ready to go into production, Tucker reportedly grew concerned about “Torpedo” reminding people Read More

Ford Doubles Down on GT Litigation

Not long ago (February 2018, p. 62), “Legal Files” reported about the Ford Motor Company lawsuit against celebrity wrestler John Cena for flipping his new Ford GT.

Ford’s position is that Cena agreed to hold the GT for at least 24 months, and that his quick sale was undermining Ford’s marketing efforts.

Cena’s GT popped up again for resale, and Ford jumped on it with both feet. Ford filed emergency litigation against New Autos Inc., a Chico, CA, car dealership. Read More

Is Your Broker on Your Side?

Arecent decision in the United Kingdom’s High Court of Justice, Queen’s Bench Division, offers some interesting insights into the nature of the relationship between a classic-car dealer/broker and its customers. Although the case was decided under the laws of the United Kingdom, U.S. law is quite similar in this regard.

Michael Tuke is an engineer who founded a company that developed and marketed artificial hip and knee joints. The company was very successful, and he sold it in 2009 for Read More

A Rough Road for Self-Driving Cars

Should we cut to the chase and just call them self-crashing cars?

Uber got a lot of unwanted attention on April 1, 2018, when one of its self-driving Volvo XC90s on a road test fatally struck a pedestrian in Tempe, AZ.

Elaine Herzberg, 49, was walking her bicycle across Mill Avenue about 10 p.m. when the Volvo, traveling a reported 38 miles per hour, struck her. Herzberg was crossing mid-block, not within a crosswalk. She was still alive when rescue Read More

The Peril of Pay-to-Play

It seems to be the latest craze. If you’ve ever dreamed of driving an exotic car the way it was built to perform, if you’ve ever had delusions that you could compete with a Formula One driver, or if you just think it would be a kick in the pants — you can do it affordably.

At an increasing number of racetracks around the country, you can live that high-speed dream in a Ferrari 458 Italia, Lamborghini Aventador, a Porsche Read More

More Valet Parking Miscues

James Fowler, an Orlando, FL, attorney, drove his yellow 2014 Ferrari Italia Spider to a lawyers’ meeting at the Vinoy Renaissance St. Petersburg Resort & Golf Club — a Marriott property in Florida.

He parked the Ferrari and left the keys with the valet, an employee of the parking lot operator, Seven One Seven Parking Enterprises Inc., who agreed to keep the Ferrari parked in front of the hotel. Fowler then checked into the hotel and attended the meeting.

As Read More

The New Tax Landscape for Collectors

The Republican Party’s Christmas present to all of us was a new tax law. It made good on several promises, the most notable being President Trump’s promise to get it done before Christmas.

Ballyhooed as the most significant tax reform measure since 1986 — that it definitely is, although reasonable minds can differ about whether that is a good thing or not — it became law without a single Democrat voting for it.

There are many publications that explain the Read More

Ford GT Speeds Into Litigation

Ford just started delivering its brand-new supercar: the Ford GT.

The car makes 647 horsepower — the most ever out of a V6 engine — yet it still carries Ford’s EcoBoost label. Built entirely out of carbon fiber, this spectacular supercar weighs in at 3,054 pounds, a lightweight by today’s standards. With an estimated 216 mph top speed, it should immediately vault Ford into the major leagues of automotive performance.

Perhaps the only thing faster than the new Ford GT’s Read More

Shoddy Repair Costs Shop $42m

A lot of people will be surprised to learn that a dealer body shop’s shoddy repair work resulted in a $42m negligence verdict. And it wasn’t even the shop’s customer who sued, but a downstream purchaser of the car.

Matthew and Marcia Seebachan purchased a used 2010 Honda Fit from a Texas Kia dealer in August 2013. They told the salesperson that they were looking for a low-mile, high-condition, accident-free car. With a clean CARFAX report, the Seebachans were confident Read More

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