FCS - Surf Hardware International losses Lawsuit by Bill McCausland

surfer1971 started the topic in Tuesday, 3 Jun 2014 at 01:28 pm

Interesting reading that FCS or Surf Hardware International lost a lawsuit brought on by one of its original owners Bill McCausland. The amount awarded to McCausland was $2million plus damages which are yet to be determined. I would dare say heads at FCS will roll over this and the business will be put up for sale from Macquarie Bank as they have been trying to sell if for the last few years as their domination in the industry has reduced some what with other fin brands such as Futures, Kinetic Racing and Shapers.

mk1 Sunday, 29 Jun 2014 at 01:18 pm

Wow- Macquarie Bank owns FCS? No wonder I have never liked them.

udo Sunday, 29 Jun 2014 at 01:24 pm

Any more details on the Lawsuit ?
Bit off topic but our retired lawyer Whaaat is un contactable have sent many emails to him but no reply, ihope all is well.

surfer1971 Sunday, 29 Jun 2014 at 02:03 pm

Apparently it cost Surf Hardware International or FCS about $2 million plus costs which could add another few million. It is all on the net in a PDF file if you google it. It has become case law because of the lawsuit. I bet a few heads would have rolled over this pay out.

wellymon Sunday, 29 Jun 2014 at 04:02 pm

FCS allen keys....?
What a cop out.
Hate them with vengance, Not one allen key fits, too big, too small :( especially when you have lost the real FCS key.

'Futures' way better and stronger system.

zenagain Sunday, 29 Jun 2014 at 04:18 pm

Any news on the bloke that was suing FCS because he cut himself on his fins going over the falls or something like that?

I think he was an American and was after some obscene amount. There was scant information about it but I thought at the time it was pretty audacious.

Wonder if he succeeded?

blindboy Sunday, 29 Jun 2014 at 04:19 pm

Shit I could tell you a few stories on this one that would make your hair stand on end but with the law of libel being what it is, I will have to pass.

zenagain Sunday, 29 Jun 2014 at 04:24 pm

https://blogs.ocweekly.com/navelgazing/2011/08/dude_hurts_while_surfing_…

Found this little article but nothing on the outcome.

BB, please elaborate, just change the names.

wellymon Sunday, 29 Jun 2014 at 04:24 pm

Come on BB, tell us just a little.
Just a wee bit ;)

wellymon Sunday, 29 Jun 2014 at 04:26 pm

zenagain wrote:

https://blogs.ocweekly.com/navelgazing/2011/08/dude_hurts_while_surfing_…

Found this little article but nothing on the outcome.

BB, please elaborate, just change the names.

Glassed in fins Zen....?

zenagain Sunday, 29 Jun 2014 at 04:37 pm

Who knows Welly, but what a fucking wanker 'eh?

blindboy Sunday, 29 Jun 2014 at 06:31 pm

If you google case and read through some of the pages that come up you should get a picture of what the major problem was and why the company took what was always a risky strategy to try and solve it....that's a much as I can say.

surfer1971 Sunday, 29 Jun 2014 at 06:40 pm

For those that have the time this is the case law which shows the problems that were going on with SHI over the last few years. Very interesting read.

https://www.caselaw.nsw.gov.au/caselawwr/_assets/main/lib150027/mccausla…

blindboy Sunday, 29 Jun 2014 at 08:41 pm

Thanks for that surfer1971. It adds some detail to what I already knew.