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Classic Wings Magazine WWII Naval Aviation Research Pacific Luftwaffe Resource Center
When Hollywood Ruled The Skies - Volumes 1 through 4 by Bruce Oriss


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PostPosted: Sun Sep 23, 2007 7:13 pm 
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Location: Waukesha, WI
OK, racing history again...we were always told that we did not have the right to sign our rights away.

Basically, every waiver we signed at every race track we raced at was not worth the paper it was written on.

We would be the ones "gone" so our families would be the ones filing the lawsuit.

I am not aware of any lawsuit against a race track, car owner, team, etc. that was not held up in court. (there are I'd guess but..) Mark Donohue's wife even sued after his death in a F1 car and won.

Many families chose not to sue as they were aware that their family member knew full well what the risks were.

Any time I find myself in a warbird, I am aware of the risk, accept it, and have left a "directive" in writting to my family to not pursue any legal action in the event of an incident.

I hope that the litigation trend does not put a damper on the ability to experience a flight from history. 8)

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PostPosted: Sun Sep 23, 2007 11:46 pm 
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Location: Spare Room
Something I have been pondering is whether you can sell a share of the operating company rather than collect a fee for a flight.

What I mean is somebody rocks up and wants a flight, You say "Sure, that'll be $$$. For that you get to be a director in the operating company. Your only responsibility to be solely and personally financially liable in the event of a accident."

You might even have some sort of partial "refund" at the conclusion of the flight to "repurchase" their share of the company.

If this is possible, then any estate or insurance company who sues will be chasing the person who went for the ride, rather than the person offering it.

Does that sound even remotely possible?

Cheers,

Brett


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PostPosted: Sun Sep 23, 2007 11:46 pm 
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Joined: Wed May 19, 2004 5:34 am
Posts: 129
Location: Spare Room
Something I have been pondering is whether you can sell a share of the operating company rather than collect a fee for a flight.

What I mean is somebody rocks up and wants a flight, You say "Sure, that'll be $$$. For that you get to be a director in the operating company. Your only responsibility is to be solely and personally financially liable in the event of a accident."

You might even have some sort of partial "refund" at the conclusion of the flight to "repurchase" their share of the company.

If this is possible, then any estate or insurance company who sues will be chasing the person who went for the ride, rather than the person offering it.

Does that sound even remotely possible?

Cheers,

Brett


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