March 16, 1996 |
Judge OKs Settlement in U-Haul Case: Federal Bankruptcy Judge James M. Marlar approved a plan by the board of Amerco Inc., corporate parent of U-Haul International Inc. of Phoenix, to pay the remaining $313.8 million owed on a judgment in favor of U-Haul founder Leonard S. Shoen and six of his children. The judge's decision settles a family feud that began in 1986 when Joe and Mark Shoen forced their father, now 79, into early retirement and began a push to control the company.
January 10, 2001 |
U-Haul International Inc. is considering appealing a Los Angeles court decision that 480 current and former employees were improperly classified as managers and denied overtime wages, said Bill Kannow, an attorney representing the Phoenix-based company. In a hearing set for April, the plaintiffs will argue they are owed more than $10 million in overtime pay, said Matthew A. Kaufman, an attorney representing the current and former employees participating in the class-action lawsuit.
September 4, 1990 |
In the early hours of Aug. 6, Eva Berg Shoen, 44, was shot to death with a .25-caliber pistol as she slept in her deluxe log home, set amid aspen and spruce trees outside the rustic, 1880s-vintage ski town of Telluride. Investigators were stumped. The shooting smacked of a professional hit. But why, nervous townspeople wondered, would anyone kill this pleasant, blonde, Norwegian-born woman who had moved with her family to the area for its small-town atmosphere?
February 17, 1991 |
'EXCUSE ME. My mom--I woke up, she's dead on the staircase." The dispatcher at the San Miguel County Sheriff's Office wasn't sure she'd heard it right. The voice on the line was that of a little girl, whimpering something about her mother. "She's sick?" "She's dead on the staircase! There's blood, OK?" "What is your name?" "Bente Shoen. I live in the Ski Ranches--in a big log house. There was blood on the bed. Please send somebody." "OK. You said she's not alive now?"
August 18, 1992 |
The self-storage business, by most accounts, is doing nicely these days. Demand for mini-warehouse space is gradually rising, and the average facility is 80% to 90% full. Rental prices also are edging higher. The market is strengthening because few new self-storage sites are being built. Banks and other lenders, burned lately by commercial loans that went sour, are particularly reluctant to finance self-storage facilities, of which there are already more than 20,000 nationwide.
November 11, 2007 |
A King County jury has awarded $15.5 million to a Renton woman who was disfigured and blinded in February 2004 when part of an entertainment center flew from a rented U-Haul trailer and crashed through her windshield. Maria Federici's lawyers had sought $38 million in damages. Jurors found U-Haul most liable, ordering it to pay two-thirds of the award, and said the driver who was towing the entertainment center, James Hefley, should pay the rest.