Posted: 1/19/2006 12:26:26 PM EDT
That guy had a bunch of nice toys. Did firearm manufacturing pay for all that stuff or was he wealthy by other means I wonder ? So the Gunmakers' protection Bill didn't go back and cover this huh ? Former gun-maker's auction raises more than $500,000
Posted January 19, 2006, 2:58 PM EST
DAYTONA BEACH -- More than half a million dollars was raised today from an auction of pricey cars, planes, boats and motorcycles owned by former gun-maker Bruce Jennings.
The Jennings auction raised money that will be placed in his bankruptcy account and will largely benefit a 19-year-old California man left a quadriplegic by one of Jennings' guns.
However, the winning bidder for most of the 21 items was Jennings' mother, who bought several items, including two of the motorcycles, one of the planes and three of the cars.
Brandon Maxfield was 7 years old when he was left paralyzed by a gunshot. A California jury decided in 2003 that the gun was defective, making the gun manufacturer Jennings liable for $24 million.
But the day after the verdict was issued, Jennings filed for bankruptcy and moved into a million-dollar home at the Spruce Creek Fly-In Community in Port Orange.
Today's auction was a liquidation of several of Jennings' valued possessions, including four planes, several luxury vehicles includes a Ferrari, a Porsche, and a Bentley, two boats and three motorcycles.
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http://www.orlandosentinel.com/news/local/volusia/orl-bk-daytonaauction011906,0,1415628.story?track=rss
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