Cases Claim Diminished Value of Toyotas
Emory Law Professor Frank J. Vandall was quoted in a Fulton County Daily Report article, "Cases Claim Diminished Value of Toyotas," on Friday, May 7.
The article discusses the Georgia lawsuits filed against Toyota, including the most recent suit filed by the Pope McGlamry lawyers in U.S. District Court for the Northern District of Georgia. The complaint claims that Toyota owners were injured economically because the value of their vehicles declined after news broke about injuries and deaths allegedly related to acceleration problems with the carmaker's electronic throttle control system.
Making Georgia's diminished value law apply in these cases could be difficult, according to Frank J. Vandall, a torts and product liability professor at Emory University School of Law.
"If you own a Porsche and it was worth $10,000 before the crash, and it was repaired perfectly, but it's now worth $8,000, that's generally accepted," Vandall said. Diminished value claims not related to a car's post-accident worth, however, are not generally accepted, he added. "The reason is, I think, it's too speculative and the jury's still out on whether Toyota is a lesser car."
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