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These are reasonable questions but there is no evidence that Terry Bollea was an unwilling participant. Obviously Thiel wasn't in it for the money but (higher p
by internaut 10y ago
These are reasonable questions but there is no evidence that Terry Bollea was an unwilling participant. Obviously Thiel wasn't in it for the money but (higher potential) compensation was not necessarily the main motivation for Bollea either. He's already a wealthy man by most standards and probably more concerned about his (Terry) honor and causing his character (Hulk) to lose face because if that hurts the macho public image he's deliberately developed then he loses both future income and public presence.
Some people will find the idea of Bollea having a moral code or honour to be facetious but I'd like to remind them that people have very different definitions of what that means.
- FireBeyond 10y agoNo, and that's a fair point, these are only the questions that come to my mind when reading this, certainly not "something that happened". By all intents, though, Bollea is (at least to his own words) "near bankruptcy", due to divorce. So it seems odd that he'd also - after being awarded a large sum - which is all he'd sought before - _then_ decide to drop the claim which offered him his only real chance at seeing any noticeable part of that award. Certainly there is more to life than money, though, as you point out, moral codes and honor. I also am curious as to whether he would have gotten the award he did if the jury felt that it would bankrupt Gawker, rather than cause an insurance liability payout - that seems a little bit unusual. This is an admittedly contrived example, so bear with me - there are some analogies, and some discrepancies, and this is the best I can do: I am driving negligently. Setting aside any criminal charges that may cause me to face, I come careening through and have an "accident". Subsequent to that, your property is destroyed, perhaps as part of a chain reaction, me coming through the fence. Perhaps as a result, you're injured. You lose your livelihood, you lose your house. You sue me, for damages related around this whole messy incident. Medical costs. Lost livelihood. The loss on your house when foreclosed, damages etc. The jury says hey, you're absolutely right, he was negligent and we're going to award (say) $2M in damages. Here I am, I'm a careless and reckless driver. But I do have good insurance. It has a whole bunch of third party, property, and liability coverage. So it sucks for everyone, but you have the ability to be "made whole" (as far as is reasonably possible). I on the other hand am out of business. The vehicle I drove was my truck I used for my own business. My fault, consequences of my actions, etc, etc. I'm probably done for. Then you decide, at the last minute of the court case, to drop any claim of damages explicitly about the accident. "Nope, we don't want to pursue the damages claim directly related to the accident itself. We are still going to pursue all claims related to any of the fallout, the loss of house, livelihood, but the accident itself, we're waiving that". This has the curious effect of 1) meaning my insurance company says "Well, sorry, pal, we no longer have an interest. You're not being sued over damages due to your accident, you're on your own", and 2) which you realized, also realistically means you have near zero chance of collecting any of the moneys awarded, because this is putting me out of business. I would certainly be asking questions of you there, were I the judge: are you aware of the consequences of this decision? what motivated the change, certainly at this point in proceedings, and I'd be asking the jury how that would affect the award, because in most cases there is going to be -some- (not the only) element of the likelihood of payment of the award.
- internaut 10y agoUsing your metaphor. So the judge could use discretion such that all the damages related to the fallout be paid. Otherwise it's a bit like being somebody in debtor's prison to pay their debts. This means the side affect of killing Gawker should be taken into account by the judge. There are at least three confounding issues though. The first is that this guy who crashed into your house has repeatedly done the same thing to other people's houses. He's a habitual drunk who shouts mean things while shaking his fist at other cars as he drives. Public menace. Maybe having him off the road entirely isn't such a bad solution. He can catch the bus or get a new line of work and pay off his debts gradually. The second is that this guy has other coworkers that could lend him money to pay the damages. He's not homeless just yet. The question is whether his support network exists for doing so. (i.e. Gawker could just about scrape by, it's not dead yet) The third is that the man could just declare bankruptcy. Then all his assets are gone but he won't owe the remainder for covering the problem he caused. A new start is underrated. (i.e. Gawker cannot pay what it does not possess, I assume here Gawker is a LLC of some type) A harsh punishment by the judge but we have to send a message to these drunks driving crazily on our roads.