3 ms·
How does that work: He got awarded the money but can't collect it?
by ralfd 10y ago
How does that work: He got awarded the money but can't collect it?
- techdragon 10y agoBetween appeals and that verdicts won't normally contain anything about how promptly payments must be made, things can drag on a while, then there's the simple honest stuff like, "the whole board must meet to approve expenditures over $X" and the settlement will be over that $X.
- Arizhel 10y agoThat's completely typical in the US court system. Winning a judgment is completely separate from actually collecting that judgment, and entails extra legal work to go after the assets of someone who refuses to pay the judgment.