Potential for Vicarious Liability Under the Graves Amendment

McNees Wallace & Nurick LLC
Contact
The Graves Amendment is a federal statute that has traditionally shielded commercial motor vehicle leasing companies from most claims of vicarious liability. In August 2014, however, a New York court determined that a leasing company was not protected by the Graves Amendment where the lessor and lessee companies were owned by the same parent company. Following this decision, the transportation industry is starting to see several other courts follow and apply the reasoning of the New York court. See more +
The Graves Amendment is a federal statute that has traditionally shielded commercial motor vehicle leasing companies from most claims of vicarious liability. In August 2014, however, a New York court determined that a leasing company was not protected by the Graves Amendment where the lessor and lessee companies were owned by the same parent company. Following this decision, the transportation industry is starting to see several other courts follow and apply the reasoning of the New York court.

In this video, McNees Transportation, Distribution and Logistics attorney Jim Franklin explains this case and what it may mean for the transportation industry.

See less -

Embed
Copy

DISCLAIMER: Because of the generality of this update, the information provided herein may not be applicable in all situations and should not be acted upon without specific legal advice based on particular situations. Attorney Advertising.

© McNees Wallace & Nurick LLC

Written by:

McNees Wallace & Nurick LLC
Contact
more
less

PUBLISH YOUR CONTENT ON JD SUPRA NOW

  • Increased visibility
  • Actionable analytics
  • Ongoing guidance

McNees Wallace & Nurick LLC on:

Reporters on Deadline

"My best business intelligence, in one easy email…"

Your first step to building a free, personalized, morning email brief covering pertinent authors and topics on JD Supra:
*By using the service, you signify your acceptance of JD Supra's Privacy Policy.
Custom Email Digest
- hide
- hide