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Automobile Leasing And The Vicarious Liability Of Lessors, Daniel J. Koevary
Automobile Leasing And The Vicarious Liability Of Lessors, Daniel J. Koevary
Fordham Urban Law Journal
The Comment begins by discussing the New York Vehicle and Traffic Law Section 388, which makes lessors vicariously liable for their cars even when they are begin leased by others, and how this led many car companies in New York to stop offering leases in the 1920's, the Comment will recommends that Section 388 be amended to exclude lessors from vicarious liability. The Comment then goes through the history of Section 388, explains what leasing is and why it is popular, looks at the recent impact of Section 388 which includes several companies have stopped leasing in New York, looks …