product liability
Post on 31-Dec-2015
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Product Liability
• Common Law– “Caveat Emptor”– Privity
• Court Law
• Legislation
Product Liability
• Negligence
• Strict Liability– Product defects
• Manufacturing
• Design
• Marketing
Product Liability
• Absolute liability
• Market-share liability
Product Liability
• Exceptions
• Public Policy
• Consequences
Product Liability
• Reform proposals– Uniform federal standards– Burden of proof shift– Eliminate specific bases for some claims– Loser pays legal fees– Cap punitive damages
Deceptive Trade Practices Act
• False representation
• Exculpation– Written– 2 year statute of repose
Product Liability
• International Differences– EU
• Strict liability in 1988• Capped damages
– Japan• 1995 Act• Design or manufacturing negligence
– US• Jury trials• Contingency Fees• Punitive Damages
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