Jones Day additionally defended General Motors in circumstances related to the Corvair, the car that was the topic of Ralph Nader’s Unsafe At Any Speed. It was alleged that the direct air heater into the automotive brought on carbon monoxide to leak into the interior. The Firm received the first class action case filed towards GM, which was additionally the Firm’s first single product, multi-district litigation. We also tried to the jury the final Corvair case within the federal district court for the Southern District of Ohio. The Firm obtained a verdict for the defense on this severe personal damage action regardless of the antagonistic publicity surrounding this explicit car. The Firm additionally represented Firestone in litigation over a patent on oil-extended synthetic rubber, an important component in tire manufacturing. In this protracted litigation, Firestone was the only company which did not settle with the patent proprietor, however as a substitute, initiated a declaratory judgment action looking for a discovering of patent invalidity and non-infringement.
After a hearing, the district court docket discovered that the banks had no unlawful motivation and were appearing properly in seeking the repayment of their notes. The Firm additionally dealt with a floor breaking case for the Cleveland Trust Company that resulted in the establishment of the primary multi-county bank holding firm in Ohio. Prior to this litigation, an Ohio financial institution was restricted to operating in solely the county by which it was founded. Our client, Cleveland Trust, was the only exception because it had pre-existing branches in Lake and Lorain counties due to a statutory grandfather clause.
Supreme Court, which held that Ohio trade secrets and techniques law was not preempted by federal patent law. The result prevented a number of former Harshaw workers from forming their own company and exploiting commerce secrets and techniques of Harshaw in violation of agreements which they’d signed with their former employer. In the largest tire recall to that point, we represented Firestone when its Firestone 500 steel belted radial tires had been recalled by the NHTSA following allegations of defects in the tire. The Firm represented the corporate before the NHTSA, in a Congressional investigation, via an SEC evaluation of Firestone’s disclosures on the issue and in a series of related lawsuits.
On appeal, General Tire’s patent was held to be legitimate, but Firestone was held to be entitled to a royalty-free license. Recognizing the public significance of Ginn’s death, Jones engineered a merger of what had turn out to be a company law-targeted Tolles, Hogsett & Ginn, with a well-known litigation-focused firm – Day, Young, Veach & LeFever. During this time, the Firm was concerned in quite a few reorganizations and recapitalization initiatives required by the impression of the Great Depression and the 1933 financial institution disaster.
However, the financial institution wanted to expand and approve a reorganization that may contain a holding company and three new subsidiary banks, each subsidiary covering banking inside one county and every having an impartial corporation, board of directors, and capital construction. Thirteen fits have been filed by small banks to cease the reorganization as a clear evasion of the state’s financial institution branching laws. The Ohio Supreme Court upheld the reorganization as not violating the states’ branch banking regulation since it involved impartial as opposed to branch banking. This case paved the best way for statewide and in the end interstate banking by Ohio banks. Erwin Griswold received a big victory on behalf of Harshaw Chemical Co. (subsidiary of Kewanee Oil Co.) before the U.S.