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OOIDA and C.R. England Reach Settlement Over Leases

June 9, 2014

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The Owner-Operator Independent Drivers Association and the trucking company C.R. England have reached a settlement in a case regarding compliance with federal regulations governing the leasing relationship between motor carriers and truck owner-operators, according to the OOIDA website Landlinemag.com.

In June 2002, OOIDA, which represents owner-operator truckers, along with three of its members, filed a class action lawsuit against the Salt Lake City-based company in federal court on behalf of individual owner operators, alleging that England violated the federal “Truth-in-Leasing” regulations.

Under the terms of the settlement C.R. England will pay $3 million to settle all claims, including attorneys’ fees and costs.

The settlement covers all owner-operators who leased equipment and services to England from June 2, 1998, through May 15, 2006, which includes approximately 7,000 drivers.

If the court approves the proposed settlement, class members will receive settlement compensation depending on which version of the lease they signed, according to Landlinemag.com.

Comments

  1. 1. Paul [ June 10, 2014 @ 12:18PM ]

    While 3 million may sound like a huge number, lets look at the cut. First attorneys’ fees and costs will at least be 1/3. 2 million left divided by 7,000 Owner Operators = $285.71 per. Don't forget the taxes. While I commend OOIDA for going after C R England and getting them to change the lease. I feel for the Owner Operators who lost a lot more than the $285.71.

  2. 2. AJF [ June 23, 2014 @ 08:46AM ]

    As paul said feel for the drivers affected by the old lease yes, but the main purpose of the action I think was to send a message to all the big boxers not to lay open the intestines of the lease drivers. Thank you OOIDA for standing with them. I feel fortunate to have my own authority and try to get others to get theirs instead of leasing to these giants who will usually get over on them.

 

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