Ford Fails To Limit Potential Payout In $4M Fire Suit

Law360, New York (June 8, 2011, 4:43 PM EDT) -- A federal judge in Washington state on Wednesday shot down Ford Motor Co.’s bid to avoid paying nearly $4 million to Scottsdale Insurance Co. for damage stemming from a warehouse fire allegedly caused by one of the automaker’s trucks.

U.S. District Judge Marsha Pechman ruled that Scottsdale’s recovery shouldn’t be limited to the $2.25 million cash value of the Pacific Sheet Metal Inc. warehouse and lost equipment, but should also potentially include the $1.7 million it paid to build a new facility.

Scottsdale alleges Ford, as...
To view the full article, register now.

Documents

Related

Sections

Case Information

Case Title

Pacific Sheet Metal, Inc. v. Ford Motor Company


Case Number

2:10-cv-00373

Court

Washington Western

Nature of Suit

Prop. Damage Prod. Liability

Judge

Marsha J. Pechman

Date Filed

March 8, 2010

Law Firms

Companies

UK Financial Services

UK Financial Services

Read Our Latest UK Financial Services Coverage

Financial Services Law360 UK provides breaking news and analysis on the financial sector. Coverage includes UK and European Union policy, enforcement, and litigation involving banks, asset management firms, and other financial services organizations.