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Old 07-16-2017, 11:23 PM   #115
BandB
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City: Fort Lauderdale. Florida, USA
Join Date: Jan 2014
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Quote:
Originally Posted by Benthic2 View Post
I guess that's why their not afraid of big judgements against them. If the lawsuits are kept small, they will just be considered another cost of doing business, and offer no deterrent. Thanks for answering.
The settlements will be small enough to be covered by their insurance. But, yes, TOTE took this approach at the very beginning. We'll pay you $500k or you sue us and you'll get $50k and that only after you spend $100k on lawyers and wait 4 years. Most of the families of the dead depended greatly on them getting paid and didn't have money to carry themselves a month, much less six months with no income. A predatory industry taking advantage of a 160+ year old law that most people didn't even know existed.
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