diminished value News

Mass. Judge Rejects Class Certification for Diminished Value Auto Claims

A judge in Massachusetts has denied class certifications for claimants seeking payments from two insurers for the lost resale value of their motor vehicles that were damaged in accidents and then repaired. Suffolk County Superior Court Justice Kenneth W. Salinger …

Florida Hotel Valet Gave $300,000 Ferrari to Wrong Person

The owner of a $300,000 Ferrari is suing Marriott International, saying a hotel valet gave his keys to a young man who was trying to impress a woman he just met. The Tampa Bay Times reports that 73-year-old attorney James …

Car Owners to Continue Fight With GM for Billions After Bankruptcy Ruling

General Motors Co. car owners will still seek $7.5 billion for the diminished value of recalled vehicles, despite a ruling that largely freed the automaker from liability for wrongdoing before its 2009 bankruptcy. That number was supplied by a lawyer …

A Primer on Diminution in Value Claims

One of the recurring questions Matthiesen, Wickert & Lehrer, S.C. (MWL) is called on to answer involves when and under what circumstances the insured suffering automobile property damage, or his or her subrogated automobile insurer, may recover for diminution in …

Excluding Stigma Damages in the Under Insured Motorist Context

“Stigma damages” and “diminished value” damages are not synonymous concepts. “Diminished value” damages generally are available where a vehicle sustains physical damage in an accident, but due to the nature of the damage, the vehicle could not be fully restored …

Vermont Artist Says He’ll Fight Trademark Lawsuit

A folk artist expanding his home business built around the words “eat more kale” says he’s ready to fight root-to-feather to protect his phrase from what he sees as an assault by the second-largest chicken restaurant chain in the country, …