Russo and Steele announcement
 

<span style="text-decoration: underline"><span style="font-weight: bold">Superior Court Rules in Russo and Steele's Favor
Russo and Steele’s contracts were enforced by Maricopa County’s Superior Court
Claims against Russo and Steele to be dropped</span></span>

FOR IMMEDIATE RELEASE
SCOTTSDALE, Ariz. (October 27, 2010) – Russo and Steele Collector Automobile Auctions announced today that as of this date, claims that were initially made against Russo and Steele have either been dismissed or dropped completely. In August 2010, Judge Burke of the Maricopa County Superior Court granted Russo and Steele’s Motion to dismiss the claims determining that the contract provisions were valid and enforceable. Separate and apart from that ruling, Essentia Insurance, who has the largest claim for damages, dropped all claims against Russo and Steele. Essentia Insurance therefore, like Russo and Steele, is only pursuing Tri-Rentals (also known as Classic Party Rentals) as responsible for its damages in the litigation. Likewise, the final litigant, Philadelphia Insurance, also dismissed its legal claims against Russo and Steele, leaving all the claimants in the pending litigation only pursuing Tri-Rentals.

After some initial pleadings and court hearings, the Russo and Steele litigation case against Tri-Rentals, is now underway in the discovery phase with the parties having filed their initial disclosure statements under Arizona law, which outlines their respective legal positions, witnesses and damages. At this time, it is too early to predict when the Court will set a trial date, or whether the matter will be resolved in some fashion prior to trial.

For additional information or images please contact Stephanie Quinn at [email protected]. Regular updates on Russo and Steele, breaking news, featured automobiles and promotions can also be found on the company website at www.russoandsteele.com, on the company’s Facebook page at http://www.facebook.com/pages/Phoeni...le/63384680796 or follow on Twitter; www.twitter.com/RussoandSteele.

About Russo and Steele Collector Automobile Auctions:
Russo and Steele Collector Automobiles is one of the nation’s premier collector car auctions; specializing in the world’s finest European sports cars, American muscle cars, hot rods and customs. Its two auctions each year attract clients from all over the globe not only because of its reputation for stellar collector automobiles, but also unique auction experiences unattainable at any other collector car auction in the world. Its auction events take place with its signature auction in Scottsdale, Ariz. every January, and Monterey, Calif. in August. Additional information please visit www.russoandsteele.com or call (602) 252-2697.
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Re: Russo and Steele announcement
 

Wow!!.....The words of a contract actually mean what they say..........What a concept......Looks like the Lawyers are going to have to find another &quot;Evil&quot; Corporation to &quot;Punish&quot;....Congrat's Drew and Team.........

Ken

Re: Russo and Steele announcement
 

[img]<<GRAEMLIN_URL>>/crazy.gif[/img] I still find it crazy that anyone would be driving, transporting or bringing a vehicle to any public venue without its own insurance policy. [img]<<GRAEMLIN_URL>>/crazy.gif[/img]

Re: Russo and Steele announcement
 

Wow I was suprised!!! [img]<<GRAEMLIN_URL>>/biggthumpup.gif[/img]

Re: Russo and Steele announcement
 

<div class="ubbcode-block"><div class="ubbcode-header">Originally Posted By: x Baldwin Motion</div><div class="ubbcode-body">[img]<<GRAEMLIN_URL>>/crazy.gif[/img] I still find it crazy that anyone would be driving, transporting or bringing a vehicle to any public venue without its own insurance policy. [img]<<GRAEMLIN_URL>>/crazy.gif[/img] </div></div>

X2!

Re: Russo and Steele announcement
 

<div class="ubbcode-block"><div class="ubbcode-header">Originally Posted By: Bill Pritchard</div><div class="ubbcode-body"><div class="ubbcode-block"><div class="ubbcode-header">Originally Posted By: x Baldwin Motion</div><div class="ubbcode-body">[img]<<GRAEMLIN_URL>>/crazy.gif[/img] I still find it crazy that anyone would be driving, transporting or bringing a vehicle to any public venue without its own insurance policy. [img]<<GRAEMLIN_URL>>/crazy.gif[/img] </div></div>

X2! </div></div>


But......In today's world, you have to understand that no matter what happens........It's somebody elses fault......



Ken

Re: Russo and Steele announcement
 

<div class="ubbcode-block"><div class="ubbcode-header">Originally Posted By: kwhizz</div><div class="ubbcode-body"><div class="ubbcode-block"><div class="ubbcode-header">Originally Posted By: Bill Pritchard</div><div class="ubbcode-body"><div class="ubbcode-block"><div class="ubbcode-header">Originally Posted By: x Baldwin Motion</div><div class="ubbcode-body">[img]<<GRAEMLIN_URL>>/crazy.gif[/img] I still find it crazy that anyone would be driving, transporting or bringing a vehicle to any public venue without its own insurance policy. [img]<<GRAEMLIN_URL>>/crazy.gif[/img] </div></div>

X2! </div></div>


But......In today's world, you have to understand that no matter what happens........It's somebody elses fault......



Ken

</div></div>

Ain't that the truth.

Re: Russo and Steele announcement
 

<div class="ubbcode-block"><div class="ubbcode-header">Originally Posted By: kwhizz</div><div class="ubbcode-body"> But......In today's world, you have to understand that no matter what happens........It's somebody elses fault......

</div></div>

Oh yeah....trust me, Ken, I know that all too well.... [img]<<GRAEMLIN_URL>>/mad.gif[/img]

Re: Russo and Steele announcement
 

<span style="font-style: italic">&quot;...The words of a contract actually mean what they say...&quot;</span>

Also in today's world, that statement's even more surprising!.
Great news Drew!!!

[img]<<GRAEMLIN_URL>>/beers.gif[/img]
~ Pete