Early Moves In Court Could Limit Toyota Recall Liability

Law360, New York (February 18, 2010, 6:47 PM EST) -- With at least one expert estimating that Toyota Motor Corp. could be on the hook for up to $5 billion in legal claims, now is the time for the beleaguered carmaker to put together a litigation strategy that could minimize the damage resulting from its mass recalls, experts said.

As the negative publicity over the recalls fuels a rash of lawsuits against Toyota, the Japanese automaker's best litigation strategy will be to reduce potential damages by knocking down economic harm claims and quietly settling personal injury...
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