Menu

OUCH! Triple and punitive damages of $2.5mm over a boat deal!

Search this Thread

Prev

Previous Post

Next Post

Next

#4

Report Post

posted to rec.boats

JimH

Posts: n/a

Default

OUCH! Triple and punitive damages of $2.5mm over a boat deal!

wrote in message
oups.com...

wrote:
I hope that this is a good lesson to those in the industry.
Lying about the condition of a boat you sell may not produce the
intended results. I'll bet that MarineMax thought that they had just
clipped another pigeon. It looks like the pigeon won the battle in the
end.

Chuck, I know you are in the industry. The title of the thread seems to
indicate that you think that this was excessive.

What makes you feel that way?

You made a very quick leap from an assumption that the title "seems to
indicate" something to asking me to defend what you presumed the title
must have meant.

"Ouch!" means that for even a company as large as Marine Max, a $2.5mm
settlement, (plus attorney fees for both sides etc that will probably
bring the total to $3mm) is a good sized bite out of the bottom line.

Unless the judge ordered otherwise...........their insurance company was
left holding the bill. No big deal for Marine Max other than possible
higher insurance rates.

snip

Reply With Quote

Reply With Quote

Thread Tools	Search this Thread
Show Printable Version	Search this Thread: Advanced Search
Display Modes
Switch to Linear Mode Switch to Hybrid Mode Threaded Mode

Posting Rules
Smilies are On [IMG] code is Off HTML code is Off Trackbacks are On Pingbacks are On Refbacks are On

All times are GMT +1. The time now is 12:09 AM.

About Us

"It's about Boats"

Contact Us BoatBanter Home Privacy Statement

Copyright © 2017