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: Legal Pad | LAMultidistrict Litigation Panel shops for Toyota suits location
By Richard Binder
The seven-member U.S. Panel on Multidistrict Litigation is being asked today to consolidate dozens of proposed class-action lawsuits filed by Toyota owners to appear before a single court. The owners claim the value of their vehicles has plummeted after millions were recalled for safety fixes.
Toyota favors Los Angeles federal court, near its U.S. headquarters in Torrance. But 18 other jurisdictions have been suggested including Florida, Kentucky, Ohio, New Jersey, and even Puerto Rico.
The decision will set the stage for eventual trial or settlement of the roughly 100 cases filed nationwide, which could potentially cost Toyota billions of dollars in damages. Toyota is expected to ask for dismissal of the case.
The decision is expected in about two weeks.
Full post as published by Legal Pad | LA on March 25, 2010 (boomark / email).
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