Legal Files

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 […]

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 […]

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 […]

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. […]

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 […]

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 […]

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 […]

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 […]

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 […]

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 […]