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Friday, April 15, 2005

The last British-owned volume car manufacturer, MG Rover, has closed down, with the loss of 5,000 jobs.

International accounting firm PriceWaterhouseCooper was brought in last week to put the company into administration. Today PwC announced that MG Rover’s only hope, the Chinese car company SAIC, had no interest in buying the ailing firm. With no further source of revenue, PwC has closed the company’s factory in Longbridge, Birmingham and has laid off 5,000 workers.

Some 1,000 workers will continue for a while to complete the remaining cars left on the production line.

The BBC reported PwC joint administrator Tony Lomas as saying “We’ll explore what we would describe as the break-up of the business, we will carry on with the interested parties who want to talk about pieces of the business.”. PwC said around 70 offers for various parts of the company had been made but no serious offers of money made.

Recent efforts to save the company had been centered on convincing SAIC (Shanghai Automotive Industry Corp.) to buy the company as a going concern, but the Chinese company stated it would only buy the company if it’s financial position could be guaranteed to be secure for at least two years. The British government could not make such a commitment due to European Union trade and competition rules.

The SAIC company did buy the designs for the 75 and 25 models and for the K-Series engines for £67m.

The Rover car company has a long but troubled history. It was formed in 1968 after a series of mergers of existing car manufacturers, and was nationalized in 1975 after it ran into financial difficulties. In 1979 a long-running deal to collaborate on developing new vehicles was established with the Japanese company Honda. In 1988 the company was privatized and was bought by British Aerospace. In 1994 British Aerospace sold the business to BMW, who then sold the Land Rover brand to Ford and finally sold the company in 2000 for just £10, retaining the well-known Mini brand for themselves. The MG Rover company was run by a private group until its collapse.

MG Rover has not launched a new model since the 75 was introduced in 1998 during the period of ownership by BMW. Their next newest model was the 25, originally launched as the 200 series some ten years ago. Rover also produced the 45, which dates from 1990, and the ZF sports car first launched in 1995. Sales of Rover cars accounted for just 3% of the UK car market in 2004.

Tony Blair announced a £150 million support package for the recently unemployed workers of the MG Rover plants, though it has been claimed that his generous offer may be more as a result of the nearby marginal seats in the upcoming elections than compassion on his part.

Saturday, April 23, 2005

A three-judge Texas Court of Appeals ruling will allow men who were overcharged at nudie clubs to sue for refunds and damages.

The two plaintiffs, Paul Brian Meekey and Michael Fulmer, had their cases heard because they were charged more than a regular lap dance fee when they used a credit card, typically $25 for a $20 dance.

“Texas law is pretty clear that you cannot charge someone extra for using a credit card,” said Sandra Krider, an attorney for the patrons. “The fact that they are strip clubs shouldn’t mean they get away with it.”

A lawyer for the businesses, Rick’s Cabaret and the Men’s Club, argued a case based on the type of employment the ladies agreed to perform.

“Since the dancers are independent contractors and not employees of the club, the clubs are not the ones selling the dances,” said attorney Albert Van Huff.

But the men’s attorneys said the win could potentially become a class-action suit with many hundreds of men claiming their day in court. That could present a problem for other patrons who may not want their name and their use of a credit card at a nudie bar released in court transcripts.

“They are going to want the (strip) clubs’ credit card companies to give them the names of all the different people who have charged dances there,” said Van Huff.

The 14th Court of Appeals, a Texas court with headquarters in Houston, had reversed a ruling of a lower trial judge that this case should be heard before the state Finance Commission instead of in a judicial proceeding. The case was sent back to be tried again.

Tuesday, November 17, 2009

Following a new report into the loss of a Nimrod jet belonging to the UK’s Royal Air Force over Afghanistan the family of one of the victims is seeking a criminal prosecution. Sergeant Ben Knight, aged 25, was among the fourteen killed when Nimrod XV230 crashed in 2006.

Knight’s parents have applied via their lawyers Smithfield Partners to the Crown Prosecution Service to consider evidence contained in a report by Charles Haddon-Cave QC, who is due to appear before the House of Commons next month. The Loss Of RAF Nimrod XV230, A Failure Of Leadership, Culture And Priorities stated that the accident was preventable and that the Ministry of Defence (MoD) made spending cuts a priority over safety. A 2005 review into Nimrod safety was “riddled with errors,” the report found.

Smithfield Partners have also written to the Health and Safety Executive, asking for the MoD to be investigated for breaches of the Health and Safety at Work Act 1974. The letter was addressed directly to deputy chief executive Kevin Myres.

XV230 had shortly completed air-to-air refueling on September 2, 2006, when it was destroyed by an explosion. “We had a 25-year-old healthy son, who used to play squash and, to put it bluntly, he ended up as a plastic bag full of bits,” said Graham Knight. “That is something which is very hard to cope with.”

The Knights met Armed Forces Minister Bill Rammell in London yesterday. Rammell said he was unable to comment on possible legal action against individuals, but promised to provide answers to other questions posed by the Knights and other families. The Crown Prosecution Service has promised consider the matter, and the Health and Safety Executive said it could not comment this early on in developments. The latest report names five people in the MoD, three with BAE Systems and two with defence company QinetiQ, as responsible.