6 ms·
In the USA there are many lawsuits and they could bankrupt you just by making a painful discovery. Though Poland needs to modernize it's law.
by jakozaur 2y ago
In the USA there are many lawsuits and they could bankrupt you just by making a painful discovery.
Though Poland needs to modernize it's law.
- llm_trw 2y agoA reminder that Musk was willing to spend $44b rather than go through discovery in a civil lawsuit. That should tell you something about how fucked the system is.
- Wowfunhappy 2y agoWell, but Musk was going to loose anyway. His options were: - Pay $44 billion. - Pay $44 billion and go through Discovery.
- llm_trw 2y agoOption C). Pay 1 billion to keep the lawsuit going forever.
- gruez 2y agoCan you really keep a lawsuit going "forever"? You'd probably run out of appeal options around 5-10 years in.
- freehorse 2y agoDoubtful twitter would last more than the lawsuit
- arcticbull 2y agoIt was doing kinda okay actually, lol, it's doing much worse now.
- acdha 2y agoTwitter was profitable for a few quarters before the purchase, and the last one was distorted by a one-time legal penalty. They weren’t printing money like Facebook but a business making profits measured in the tens of hundreds of millions can hire a lot of lawyers indefinitely.
- slater 2y agoAsk Exxon
- gruez 2y agoSurely there's a specific lawsuit you can refer to rather than pointing at a company and hoping that we can guess which case you're referring to?
- slater 2y agoYou're welcome: https://en.wikipedia.org/wiki/Exxon_Valdez_oil_spill#Litigation_and_cleanup_costs https://en.wikipedia.org/wiki/Exxon_Valdez_oil_spill#Litigat...
- gruez 2y agoStill not a specific case. If you're referring to Exxon Shipping Co. v. Baker, that was decided in 2008, so at most that's 19 years if the lawsuit was filed immediately after the spill. Granted, this is more than the "5-10 years" I initially estimated, but the lengthy litigation is only over the punitive damages, so in the context of "Option C). Pay 1 billion to keep the lawsuit going forever.", that's not really applicable. At best you can keep litigation going for 19 years to avoid paying the full amount, but you're going to have to compensatory damages far before that.
- miki123211 2y agoThis is what Alex Jones / Info Wars is trying to do; it's sort-of working in that things have taken longer than they otherwise would, but it's slowly coming to an end anyway.
- neltnerb 2y agoI guess if you can manage 10 years there's a pretty high chance that the other side will give up, for instance https://commonwealthbeacon.org/environment/cape-wind-calls-quits/ https://commonwealthbeacon.org/environment/cape-wind-calls-q... Same as trying to do a construction project in San Francisco, people will come out of the woodwork [edit: meaning separate cases, but with the same basic goal] with tons of money and delay, delay, delay. https://www.wbur.org/news/2024/12/20/nefsa-new-england-fishermens-stewardship-association-leonard-leo https://www.wbur.org/news/2024/12/20/nefsa-new-england-fishe... Maybe they're right, maybe they're wrong, but clearly the tactic is to come up with any challenge that takes time to resolve whether reasonable or not just because of the time and expense.