IBI
INTERNATIONAL BOAT INDUSTRY
  the business of boating
Home
Subscribe to IBI
News
Latest Issue
Job Search
News briefings
Country Reports
Key Market facts
Business report links
Enquiry Service
Product Showcase
World sailboat
production estimates
IBI Market Surveys
IBI Article Index
Companies & Products
Boat Show Calendar
Boating Media Guide
Yacht Designers Guide
Advertising
About Us
Visit European
Boatbuilder
Visit ybw.com







 

California law firm files class-action lawsuit against major oil companies

By IBI Magazine

The Los Angeles law firm of Kabateck, Brown, Kellner, LLP has filed a class-action lawsuit against the main oil companies on behalf of California boaters. The law firm said in a statement that oil companies like ExxonMobil, Chevron, BP, Shell, Valero, and ConocoPhillips are manufacturing and selling ethanol-blended gasoline that damages marine fuel tanks, engines and other components. The lawsuit was filed earlier this week in the US District Court, Central District of California in Los Angeles.

"The price of gas is bad enough, but selling gasoline that dissolves gas tanks is a new low even for the oil companies," said Brian Kabateck, managing partner of Kabateck Brown Kellner and the lead attorney on the case, in a statement. "The oil companies knows this fuel is corrosive, but they're keeping consumers in the dark to pump up their profits. The cost to the consumer is thousands of dollars in repairs."

The suit seeks to represent all owners of boats with fibreglass fuel tanks who filled their tanks with ethanol blended gasoline from a California retailer.

The statement noted that oil companies replaced MTBE with ethanol in 2004, when MTBE was banned in many states because of environmental concerns.

"Consumers were never informed about the differences between MTBE and ethanol-mixed gasoline, nor were they informed about the disastrous effects ethanol has on fibreglass marine fuel tanks," said the statement.

"The environment pays the price for Exxon and Chevron's deception each time a damaged fuel tank leaks gasoline into the water," said Kabateck.

Kabateck said his firm has won more than US$750 million against Google, Farmer's Insurance, Eli Lilly and other major corporations.

(10 April 2008)


IBI digital services

Beat postal delays and subscribe to IBI's new digital edition of the magazine with searchable text and live hyperlinks. More information here.

To subscribe to IBI's free daily email news headlines follow this link.



Latest stories from IBInews

Publisher celebrates 40 years with IBI
Nick Hopkinson, publishing director of IBI, Superyacht Business, European Boatbuilder and director of IBI Consulting, celebrates 40 unbroken years with IBI today
Marine business latest stock price review
Bénéteau sees Q3 drop in sales, Mercury Marine shuts down MotorGuide facility in Tulsa, Oklahoma, Volvo invests in fuel cell technology and Volvo Penta lays off workers
Ameritex files for Chapter 11 Bankruptcy protection
The Florida-based windshield and canvas manufacturer is trying to sell its assets to a competitor in Wisconsin

 

 

 

©International Boat Industry IBI
Read our Terms and Conditions here| Privacy Policy

Trust UK logo DMA logo