Return-Path: Received: from rook.innercite.com ([158.222.5.8]) by ns1.olsusa.com (Post.Office MTA v3.5.3 release 223 ID# 0-64832U3500L350S0V35) with ESMTP id com for ; Wed, 29 Nov 2000 13:19:25 -0500 Received: from colwell (host-56-177.dialup.innercite.com [158.222.56.177]) by rook.innercite.com (8.9.3/8.9.3) with SMTP id KAA32596 for ; Wed, 29 Nov 2000 10:27:11 -0800 Message-ID: <01b401c05a32$1fc5df60$9438de9e@colwell> From: "Steve & Claudette Colwell" To: "a" References: <02de01c05a07$014a6ea0$8ec395cf@pavilion> Subject: Re: Greg Nelsons liability plan Date: Wed, 29 Nov 2000 10:25:20 -0800 X-Mailing-List: lancair.list@olsusa.com Reply-To: lancair.list@olsusa.com Mime-Version: 1.0 <<<<<<<<<<<<<<<<--->>>>>>>>>>>>>>>> << Lancair Builders' Mail List >> <<<<<<<<<<<<<<<<--->>>>>>>>>>>>>>>> >> I'm not one of your regular responders - my husband Steve is. However, hold harmless isn't worth the paper it is written on when a sympathetic jury decides the builder is responsible for a defect that resulted in the accident - thus the injury. History proved this and was partially corrected in the new law on aviation liability limiting manufacturers' liability time limit to 17 years. And there is lots of other history outside of aviation cases. All you have to have is the "sympathetic jury". And if you don't have the right insurance, it is your pocket book that will pay for the defense. Avemco does provide lliability insurance after a sale if the aircraft has been insured for a required number of years prior to the sale. I don't have current information on their requirements. Claudette Colwell ----- Original Message ----- From: John Barrett <2thman@olympus.net> To: Lancair Mail List Sent: Wednesday, November 29, 2000 4:38 AM Subject: Greg Nelsons liability plan > <<<<<<<<<<<<<<<<--->>>>>>>>>>>>>>>> > << Lancair Builders' Mail List >> > <<<<<<<<<<<<<<<<--->>>>>>>>>>>>>>>> > >> > 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 > > >>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>> > LML website: http://www.olsusa.com/Users/Mkaye/maillist.html > LML Builders' Bookstore: http://www.buildersbooks.com/lancair > > Please send your photos and drawings to marvkaye@olsusa.com. > >>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>> >>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>> LML website: http://www.olsusa.com/Users/Mkaye/maillist.html LML Builders' Bookstore: http://www.buildersbooks.com/lancair Please send your photos and drawings to marvkaye@olsusa.com. >>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>