Welcome
Wednesday, September 08, 2010
Wednesday, September 08, 2010
Corporate Social Responsibility News
Posted: Friday, February 12, 2010, 9:35AM
RELATED NEWS
- Nestle US aims for 'responsible' water procurement
08 Sep 10 - Burger King drops palm oil supplier
03 Sep 10 - Nestlé optimises coffee supply chain
31 Aug 10 - British beef farmers call on retailers to create "fair" supply chain
25 Aug 10 - Analysis: Why diamonds aren't procurement's best friend
17 Aug 10 - US manufacturers face new regulation on conflict minerals
11 Aug 10
RELATED ARTICLES
- Sustainability: Siemens CPO brings green vision closer
- EcoVadis Sustainability Column: Political will is lagging
- Sustainability: Cargill to assess palm oil suppliers
- Research: The key drivers for modern procurement
- Thought Leaders: Sustainability
- Inside View: Is bribery wrong, or just part of doing business?
KNOWLEDGE MANAGEMENT TAGS
"Corporate Social Responsibility"
US legal battle revs up against Toyota
The ATAC (Attorneys Toyota Action Consortium), a federation of consumer law firms filing lawsuits against Toyota across the US, has grown to 22 law firms in 16 states, with more states being planned.ATAC also announced that a court hearing on consolidation of the national litigation is expected to be heard before a multidistrict panel in US District Court in San Diego on March 25, 2010.
The ATAC effort is coordinated by Dr. P. Tim Howard, a professor of Law and Policy at Northeastern University. Howard coordinated the legal team in the Florida tobacco lawsuit in the 1990s that led to a $20bn settlement with the State of Florida and a national settlement of $250bn, and is currently co-counsel representing 3,600 victims of cigarette-related diseases in Florida.
"This is the strongest and largest case for economic damages to American consumers we've ever had," said Dr. Howard. "Major used-car valuation services like Edmonds, NADA, and Kelley Blue Book have already downgraded resale value by as much as 3.5 per cent, and consumers can expect an additional decrease up to 6 per cent.
"As a result, Toyota owners have been robbed of their investment, along with their ability to trade in these vehicles rather than submit to hasty and questionable repairs. In the meantime, they have also lost the use of their car. That's economic damage, plain and simple."
Along with fellow Florida attorneys, Howard filed one of the consortium's first lawsuits for $1bn in damages in Florida on February 4, 2010.
In addition to Toyota vehicles with problems related to sudden acceleration, the ATAC Team is now also preparing cases involving braking issues with the Toyota Prius - the subject of a recall announcement this week of nearly 500,000 cars worldwide.
Procurement Tags - Corporate Social Responsibility, Toyota
= Associate Members Only 
