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From: randy snarr <randylsnarr@yahoo.com>
Subject: Re: [LML] Re: Product Liability
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FYI,
  I have been told that you can waive your own right to sue but you can not sign away fthat right for your dependents. You die, they can sue no matter what you signed for you or them...
  FWIW...
   
  Randy L Snarr

rtitsworth <rtitsworth@mindspring.com> wrote:
        v\:* {behavior:url(#default#VML);}  o\:* {behavior:url(#default#VML);}  w\:* {behavior:url(#default#VML);}  .shape {behavior:url(#default#VML);}        st1\:*{behavior:url(#default#ieooui) }                In theory, you can ask/demand (as terms of the sale) that a purchaser indemnify you of all subsequent liability risk, even that from a third party.  i.e. then the purchaser shoulders the risk of you being sued.
  Of course this approach is only as good as the purchaser’s ability to pay any indemnity.  However, this would seem to be pretty effective at stopping a deceased (fatal crash) purchaser’s heirs from suing, since the purchaser’s estate would be obligated to remit any awards back to you as part of the indemnity.
   
      
---------------------------------
  

  From: Lancair Mailing List [mailto:lml@lancaironline.net] On Behalf Of Bob Smiley


    "Contracting out"  is an interesting concept.  It works fine for certain situations inolving only the contracting parties to the agreement. Contracting out fails when other third parties are involved.  You cannot however disclaim any action that by law is an allowed right to the grieved party. ie you cannot contract with someone to give up a constitutional right for example..  Also you cannot absolve yourself for misfeasance or malfeasance or any action that is blatently illegal.  Also "Contracting out" does not relieve you the responsibility of innocent or other third parties who are affected by an accident such as a pasenger, other persons injured on the ground and their family members who are suffering a loss of their spouse or father.   (snip)
   




       
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<div>FYI,</div>  <div>I have been told that you can waive your own right to sue but you can not sign away fthat right for&nbsp;your dependents. You die, they can sue no matter what you signed for you or them...</div>  <div>FWIW...</div>  <div>&nbsp;</div>  <div>Randy L Snarr<BR><BR><B><I>rtitsworth &lt;rtitsworth@mindspring.com&gt;</I></B> wrote:</div>  <BLOCKQUOTE class=replbq style="PADDING-LEFT: 5px; MARGIN-LEFT: 5px; BORDER-LEFT: #1010ff 2px solid">  <META content="Microsoft Word 11 (filtered medium)" name=Generator>  <STYLE>  v\:* {behavior:url(#default#VML);}  o\:* {behavior:url(#default#VML);}  w\:* {behavior:url(#default#VML);}  .shape {behavior:url(#default#VML);}  </STYLE>  <?xml:namespace prefix = o ns = "urn:schemas-microsoft-com:office:office" /><o:SmartTagType name="PersonName" namespaceuri="urn:schemas-microsoft-com:office:smarttags"></o:SmartTagType>  <STYLE>  st1\:*{behavior:url(#default#ieooui) }  </STYLE>    <STYLE>  <!--   /* Font Definitions */  
 @font-face   {font-family:Tahoma;   panose-1:2 11 6 4 3 5 4 4 2 4;}   /* Style Definitions */   p.MsoNormal, li.MsoNormal, div.MsoNormal   {margin:0in;   margin-bottom:.0001pt;   font-size:12.0pt;   font-family:"Times New Roman";}  a:link, span.MsoHyperlink   {color:blue;   text-decoration:underline;}  a:visited, span.MsoHyperlinkFollowed   {color:purple;   text-decoration:underline;}  span.EmailStyle17   {mso-style-type:personal-reply;   font-family:Arial;   color:navy;}  @page Section1   {size:8.5in 11.0in;   margin:1.0in 1.25in 1.0in 1.25in;}  div.Section1   {page:Section1;}  -->  </STYLE>    <DIV class=Section1>  <div class=MsoNormal><FONT face=Arial color=navy size=2><SPAN style="FONT-SIZE: 10pt; COLOR: navy; FONT-FAMILY: Arial">In theory, you can ask/demand (as terms of the sale) that a purchaser indemnify you of all subsequent liability risk, even that from a third party.&nbsp; i.e. then the purchaser shoulders the risk of you being
 sued.<o:p></o:p></SPAN></FONT></div>  <div class=MsoNormal><FONT face=Arial color=navy size=2><SPAN style="FONT-SIZE: 10pt; COLOR: navy; FONT-FAMILY: Arial">Of course this approach is only as good as the purchaser’s ability to pay any indemnity.&nbsp; However, this would seem to be pretty effective at stopping a deceased (fatal crash) purchaser’s heirs from suing, since the purchaser’s estate would be obligated to remit any awards back to you as part of the indemnity.<o:p></o:p></SPAN></FONT></div>  <div class=MsoNormal><FONT face=Arial color=navy size=2><SPAN style="FONT-SIZE: 10pt; COLOR: navy; FONT-FAMILY: Arial"><o:p>&nbsp;</o:p></SPAN></FONT></div>  <DIV>  <DIV class=MsoNormal style="TEXT-ALIGN: center" align=center><FONT face="Times New Roman" size=3><SPAN style="FONT-SIZE: 12pt">  <HR tabIndex=-1 align=center width="100%" SIZE=2>  </SPAN></FONT></DIV></DIV>  <div class=MsoNormal><B><FONT face=Tahoma size=2><SPAN style="FONT-WEIGHT: bold; FONT-SIZE: 10pt;
 FONT-FAMILY: Tahoma">From:</SPAN></FONT></B><FONT face=Tahoma size=2><SPAN style="FONT-SIZE: 10pt; FONT-FAMILY: Tahoma"> <?xml:namespace prefix = st1 ns = "urn:schemas-microsoft-com:office:smarttags" /><st1:PersonName w:st="on">Lancair Mailing List</st1:PersonName> [mailto:lml@lancaironline.net] <B><SPAN style="FONT-WEIGHT: bold">On Behalf Of </SPAN></B>Bob Smiley<BR><BR></SPAN></FONT></div>  <DIV>  <div class=MsoNormal><FONT face=Arial size=2><SPAN style="FONT-SIZE: 10pt; FONT-FAMILY: Arial">"Contracting out"&nbsp; is an interesting concept.&nbsp; It works fine for&nbsp;certain situations inolving only the contracting parties to the agreement.&nbsp;Contracting out fails when other third parties are involved.<FONT color=navy><SPAN style="COLOR: navy">&nbsp; </SPAN></FONT>You cannot however disclaim any action that by law is an allowed right to the grieved party. ie you cannot contract with someone to give up a constitutional right for example..&nbsp; Also you cannot
 absolve yourself for misfeasance or malfeasance or any action that is blatently illegal.&nbsp; Also "Contracting out" does not relieve you the responsibility of innocent&nbsp;or other third parties who are affected by&nbsp;an accident such as a pasenger, other persons injured on the ground and their family members who are suffering a loss of their spouse or father.&nbsp; <FONT color=navy><SPAN style="COLOR: navy">&nbsp;(snip)</SPAN></FONT><o:p></o:p></SPAN></FONT></div>  <div class=MsoNormal><FONT face=Arial color=navy size=2><SPAN style="FONT-SIZE: 10pt; COLOR: navy; FONT-FAMILY: Arial"><o:p>&nbsp;</o:p></SPAN></FONT></div></DIV></DIV></BLOCKQUOTE><BR><p>&#32;
      <hr size=1>Yahoo! oneSearch: Finally, <a href="http://us.rd.yahoo.com/evt=48252/*http://mobile.yahoo.com/mobileweb/onesearch?refer=1ONXIC"> mobile search 
that gives answers</a>, not web links. 


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