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Bushmaster caves?
- Thread starter MikeK
- Start date
Tamara offered, in her "equation", which by the way, I cannot honestly fault, the following:
Here's the equation from the relevent sides:
Bushmaster and their insurance company: Is it going to cost us more than $550k to string this one out in the courtroom, win or lose?
Plaintiff's attorneys and the plaintiffs: If we string this out, do we stand an even moderately decent chance of collecting more than $550k?
These were the only equations involved. Bushmaster saved money. They avoided the possible fate, however slim the chance, of a defeat in court (which would have been much worse for our side than any out-of-court settlement, boys & girls.) The plaintiffs got something, which they apparently considered preferrable to the nothing that they feared they might wind up with in court. (...and as I mentioned above, the something they got was a chump change settlement. They'd do better to drive to the nearest Mickey Dee's and dump hot coffee in their laps.)
This is the way it works.
__________________
MOLON LABE!
Majority rule: Solving mankind's problems since Og and Zog stole Thurg's woman and mammoth jerky.
While the "balance" of the equation, or the equation itsself, might rub me the wrong way, this being a purely subjective conclusion, 2 + 2 are still 4, and her equation still balances, rather nicely at that, especially when one takes a moment to think about it.
Here's the equation from the relevent sides:
Bushmaster and their insurance company: Is it going to cost us more than $550k to string this one out in the courtroom, win or lose?
Plaintiff's attorneys and the plaintiffs: If we string this out, do we stand an even moderately decent chance of collecting more than $550k?
These were the only equations involved. Bushmaster saved money. They avoided the possible fate, however slim the chance, of a defeat in court (which would have been much worse for our side than any out-of-court settlement, boys & girls.) The plaintiffs got something, which they apparently considered preferrable to the nothing that they feared they might wind up with in court. (...and as I mentioned above, the something they got was a chump change settlement. They'd do better to drive to the nearest Mickey Dee's and dump hot coffee in their laps.)
This is the way it works.
__________________
MOLON LABE!
Majority rule: Solving mankind's problems since Og and Zog stole Thurg's woman and mammoth jerky.
While the "balance" of the equation, or the equation itsself, might rub me the wrong way, this being a purely subjective conclusion, 2 + 2 are still 4, and her equation still balances, rather nicely at that, especially when one takes a moment to think about it.
Bushmaster's side of the story.
Before we all get sucked into believing HCI's victory claims (when did we start believing anything HCI says???), here's Bushmaster's side of the story:
Bushmaster Responds to Brady Groups False Claim of Victory
Thursday September 9, 2004 9:24AM est
http://www.bushmaster.com/
Windham, Maine -- The Washington DC Brady Group would have you believe they won some kind of victory! The Brady Group brought this lawsuit not for the victims, but for their anti-gun agenda. The Brady Group asked for the settlement conference after reviewing all the evidence they knew they could not be successful in court and they wanted to stop paying lawyer fees.
The Brady Group sent a second tier lawyer to the settlement conference with nine demands on Bushmaster regarding business practices and Bushmaster denied them all. We then gave the Brady Group our statement that we support the BATF licensing requirements to be a Federal Firearms Licensed (FFL) holder and our support for the National Shooting Sports Foundation (NSSF) safety programs, and they accepted our statement. We did not agree and would not agree to change the way we do business or make any additional demands of our customers. We were emphatic that Bushmaster did not commit any wrong doings.
The attorney for our insurance company was at the settlement conference and informed us that about half of our policy limits had been spent on trial lawyers. It was the insurance company’s position that all of the limit would be spent on this case, and therefore turned the funds over to Bushmaster to use as we saw fit removing the insurance company from the case. Our choice was to continue spending it on trial lawyers or turn it over directly to the victims’ families with no funds going to the Brady Group for their legal fees.
We felt the compassionate thing to do was give it to the victims’ families, not because we had to but because we wanted to. The Washington DC Brady Group should learn what compassion is really all about!
Bushmaster strongly believes and vigorously supports the rights of citizens to own and use firearms, and the settlement of this case in no way compromises that stand. The Brady Group’s attempt at claiming a victory over firearms manufacturers is a hollow one with no substance. Their attempt to eliminate gun rights of citizens has failed legislatively and will continue to fail with these frivolous lawsuits against gun manufacturers.
Bushmaster Firearms, Inc.
Before we all get sucked into believing HCI's victory claims (when did we start believing anything HCI says???), here's Bushmaster's side of the story:
Bushmaster Responds to Brady Groups False Claim of Victory
Thursday September 9, 2004 9:24AM est
http://www.bushmaster.com/
Windham, Maine -- The Washington DC Brady Group would have you believe they won some kind of victory! The Brady Group brought this lawsuit not for the victims, but for their anti-gun agenda. The Brady Group asked for the settlement conference after reviewing all the evidence they knew they could not be successful in court and they wanted to stop paying lawyer fees.
The Brady Group sent a second tier lawyer to the settlement conference with nine demands on Bushmaster regarding business practices and Bushmaster denied them all. We then gave the Brady Group our statement that we support the BATF licensing requirements to be a Federal Firearms Licensed (FFL) holder and our support for the National Shooting Sports Foundation (NSSF) safety programs, and they accepted our statement. We did not agree and would not agree to change the way we do business or make any additional demands of our customers. We were emphatic that Bushmaster did not commit any wrong doings.
The attorney for our insurance company was at the settlement conference and informed us that about half of our policy limits had been spent on trial lawyers. It was the insurance company’s position that all of the limit would be spent on this case, and therefore turned the funds over to Bushmaster to use as we saw fit removing the insurance company from the case. Our choice was to continue spending it on trial lawyers or turn it over directly to the victims’ families with no funds going to the Brady Group for their legal fees.
We felt the compassionate thing to do was give it to the victims’ families, not because we had to but because we wanted to. The Washington DC Brady Group should learn what compassion is really all about!
Bushmaster strongly believes and vigorously supports the rights of citizens to own and use firearms, and the settlement of this case in no way compromises that stand. The Brady Group’s attempt at claiming a victory over firearms manufacturers is a hollow one with no substance. Their attempt to eliminate gun rights of citizens has failed legislatively and will continue to fail with these frivolous lawsuits against gun manufacturers.
Bushmaster Firearms, Inc.