2004 - Chilberg v. Chilberg: Leasing company required to pay $1 million to a child whose father ran over her in one of its vehicles, even though the leasing
company had nothing to do with the accident.
2004 - Tikhonova v. Ford Motor Co.: A passenger in a Ford leased vehicle
filed suit against Ford and the driver of the vehicle for personal injuries experienced in an accident. Both suits dropped because the driver was a Russian diplomat with immunity from liability, and thus, by extension, Ford was found free of liability as well.
2002 - J.P. Morgan Chase & Co.: Ordered to pay $28 million in damages in
connection with an accident involving a leased vehicle. Bank ceased leasing
operations in R.I., but returned when the state passed liability caps.
(c) 2005 Asset Securitization Report and SourceMedia, Inc. All Rights Reserved.