Mailing List lml@lancaironline.net Message #44074
From: Bob Barker <barkerasset@earthlink.net>
Sender: <marv@lancaironline.net>
Subject: Re: [LML] Homebuilt Liability
Date: Wed, 19 Sep 2007 15:57:31 -0400
To: <lml@lancaironline.net>
I personally know of two beautiful homebuilts that are no longer flying due to the liability problem.
 
One was given to a museum with a binder that the plane not be flown. This provided a tax deduction for the builder/owner and allowed the museum to fly the plane legally albeit contrary to a civil agreement. The donor had neither means nor desire to enforce the agreement, but felt it protected him from liability in case it was flown.
 
The other was a sad case of an executor of an estate advising heirs to cut up the plane and sell for scrap. The executor was probably correct in giving that advice considering his fiduciary duties. I love this country. but would love it a whole lot more if we had real tort reform.
 
As someone else once said, it is 99% of the lawyers who give the rest a bad name.
 
Bob B 2PZ
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