Mailing List lml@lancaironline.net Message #7780
From: John Barrett <2thman@olympus.net>
Subject: Greg Nelsons liability plan
Date: Wed, 29 Nov 2000 04:38:21 -0800
To: Lancair Mail List <lancair.list@olsusa.com>
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John,

OK,  I understand your argument, but so what if the buyer loses his eyesight
and a leg?  the hold harmless/indemnity clause would still be valid unless
he dies. Isn't that correct?  I guess if he becomes mentally incapacitated
but does not die, that would be another story.  Right?  Also, I don't see
what statute of limitations has to do with this discussion.  Did I miss
something?

Regards,

John Barrett
www.carbinge.com



>Life ins. would not help in
>this case. The statute of limitations for a contract case >would have no
>bearing on a negligence case.  Liability for a defective >aircraft would be
>based on negligence not contract law. Brent S. is >correct- not bad for a
>non-lawyer. Trusts, family partnerships are the way to >go.  John Killian

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