Galapagos Islands Message Board

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Strategies & Market Trends : Galapagos Islands

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To: Augustus Gloop who wrote (44358)	7/17/2003 10:38:41 AM
From: mph	Read Replies (4) of 57110

the man probably has some minimal auto policy, too. He was driving an 11 year old car, which suggests he might not have a lot of assets to protect (ergo, purchase of a lower limits policy). The carrier will likely interplead the funds and let the claimants work it out. (Been there, too) If he has assets and there are co-owners of the car, there could be additional liability for negligent entrustment, if he's exhibited confusion while driving in the past. All in all, I wouldn't want to represent any of the prospective claimants as there is not likely to be much of a recovery possible. I figure that someone will try to sue GM as an alternative pocket, but that person would not be me. My arguments and legal theories have to pass the straight face test.

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