It was the General Aviation Revitalization Act of
1994 that did it. Liability duration went from 40 to 18 years I think.
I have heard that insurance companys automatically file suit against
manufactures when a plane they cover crashes. I am not certain that
that is true though. How long is a submarine manufacturer liable? Are they sued often? Gordon Alexander david cutajar wrote: I believe there was a period (10+ years?) where planes for the private pilot were not produced due to lawsuit laws, but they have since changed the laws(i.e. limited the amount of liability time). The companies were getting sued for problems with 30 yr old aircraft. They resumed building probably around 5+ yrs ago (my buddy just bought a 2000 model 6 seater) My company purchases liability insurance on a project by project basis to save on costs. We also use waiver(s) if applicable. They still sell chainsaws afterall - --- gordon alexander <gordon@curio.com> wrote:I think they are still selling single engine planes. The have 9 single engine models. There is more than one new one on the airport nearest my home. See http://www.newpiper.com/ Gordon Alexander SFreihof@aol.com wrote:Hugo; One of the biggest stumbling blocks that must beaddressed before even contemplating a submersible market is product liability. Piper doesn't build single engine airplanes anymore because the product liability insurance costs are higher than the production costs.Aircraft Kit manufacturers get around this bycalling them "Experimental," and any structural failure cannot be attributed to the kit manufacturer since he didn't build it.Has there been any legal discussion on theliability problems of a venture of this type?Anyway, put me on your list... Stan In a message dated 12/22/2004 8:23:50 PM EasternStandard Time, "Hugo Marrero" <hmarrero@hboi.edu> writes:************************************************************************************************************************************************************************************************************************The personal submersibles mailing list complies with the US Federal CAN-SPAM Act of 2003. Your email address appears in our database because either you, or someone you know, requested you receive messages from our organization. If you want to be removed from this mailing list simply click on the link below or send a blank email message to: removeme-personal_submersibles@psubs.org Removal of your email address from this mailing list occurs by an automated process and should be complete within five minutes of our server receiving your request. PSUBS.ORG PO Box 311 Weare, NH 03281 603-529-1100************************************************************************************************************************************************************************************************************************************************************************************************ ************************************************************************ ************************************************************************ The personal submersibles mailing list complies with the US Federal CAN-SPAM Act of 2003. Your email address appears in our database because either you, or someone you know, requested you receive messages from our organization. If you want to be removed from this mailing list simply click on the link below or send a blank email message to: removeme-personal_submersibles@psubs.org Removal of your email address from this mailing list occurs by an automated process and should be complete within five minutes of our server receiving your request. PSUBS.ORG PO Box 311 Weare, NH 03281 603-529-1100 ************************************************************************ ************************************************************************ ************************************************************************ |