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HomeMy WebLinkAbout33876 / 86-27Aprit 17, 19tl6 (CARRIED LOST # L� RESOLUTION LAID OVER WITHDRNWN ) PURPOSE: AUTHORIZE SETTLEMENT WITH GROVE MANUFACTURING RE: FIRE DEPARTMENT LADDER INITIATED BY: LEGAL DEPARTMENT BE IT RESOLVED by the Common Council of the City of Oshkosh that the proper City officials are hereby authorized and directed to settle a lawsuit between the City of Oshkosh and Grove Manufacturing in the amount of $27,000 and in accordance with the attached letter. I SUBkITTED BY ...� � - 43 - 2 Resol. #27 f THOMAS E. HUGHES HENRY C.MhTHEW50N EDMUND C CARNS LAW OFFICES OF HUGHES, MATHEWSON & CARNS 1621 CONGRE55 AVENUE P.O. BOX 82i OSHKOSH, W[SCONSIN 54902-0823 ' (414) 231-8200 Mr. John Pence City Attorney P. 0. Box 1130 Oshkosh. Wisconsin Re Dear John: We have ants in the and it doesn March 19, 1986 54902-1130 City o£ Oshkosh vs. Grove Manufacturing Co. HEMiY P. HUGF[ES 1951-1968 ; �E `-, {��� ����� �„ �� f 2 J - Ci � � tta �>T C�!;'r-.>_ %1 � _. ,r '� � _ received an offer of settlement from the defend- above matter. At this point we are at $27,000 't appear they will go any higher. If the case were to be settled at this juncture, my ex- penses to date are S4728.94. Attorney's £ees would be $5500.00 and the City would net out $16,721.06. Based upon projected additional costs to try the matter, we would have to get a net verdict in excess of $36,000.00 to arrive at the same figure as outlined above. There are a number of problems involved for us, two of which are the proper measure of damages, which the defendants claim is at $11,000.00 figure rather tha❑ the $65,000.00 figure. Plus they claim we have a much newer iz3der which did not have the depreciated value of the one that fractured. I view these as not major problems, but, however, confusing ones. The more important problem is that body put in an improper hydraulic valve pointing to either the City or American - 43a - Grove claims that some- To that they are If they hang the Resol. #27 Mr. John Pence March 19, 1986 Page 2 wreath on American's door, we would not recover anything be- cause of their bankruptcy. I am also moderately concerned about what a jury's attitude would be in April after having read all this product liability garbage in the periodicals. After you have had a chance to review this letter, would you please contact me so we may discuss this matter. Very �fuly yours, /� � Thoma E. Hughes TEH:bv - 43b - J �___.._ . _ _.__ __- -_.. _. # __ _ _ _ �_ .. .. _, _ ..»__.. ._ .... . . ._,.,.�n....,. t 3 i ; 1 �`_. :� C� D .•• -O cG _ J.�". .- c� c� � � (D � V � F � � W 01 � �( \ � � 3 .TJ � Ao m z O •• � O �G O N --I � r 3 � d O� C d � fi n c � co -n o � a � � �� cF N C (D � .•� (/� 7 (D � � (0 � a N n c+ � f � • h T � � c� m -s 0 o < � m � w � fi 3 � � c+ .T1 N � � N V � r� , l.N r�.. ,.� �.� ��