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.

http://www.asreport.com http://www.sourcemedia.com

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