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by shawndrost
725 days ago
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I don't understand why your analogy requires multiple taco trucks. So if I'm missing something please explain. Otherwise, I find your analogy helpful and illustrative of my confusion. Here is the simplified analogy: 1. Scrooge owns a nasty taco truck that makes everyone sick. He runs to the bahamas and is gone.
2. A dozen customers take it to bankruptcy court and get ownership of the taco truck and Scrooge's "charitable" donation, but Scrooge would get immunity, and so would the taco truck.
3. Meanwhile, the victims that weren't in the settlement are outraged that Scrooge might be immune. Not everyone was a part of the first suit -- plus, the taco truck is still selling tacos, and people are still getting sick! This illustrates my confusion. To me it seems like we should shut down the taco truck, and not give it immunity. I'm kind of a utilitarian and I don't much care about Scrooge, though I wish I could take his money away and put him in jail. But it seems like most of the people who are mad about the diarrhea are not talking about the taco truck's continued operations and immunity??? And they are chiefly concerned about Scrooge, who is no longer involved with the taco truck??? What gives? |
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Trucks? The lawsuit involves one discrete corporation, and its small size is underscored by how it's just one stand/kiosk. (I suppose it could be mobile, but that's not what I was thinking of.)
However same owner/investor happens to be involved in many un-enumerated companies, some of which might easily be guilty of the same problems, including ones that would normally "pierce the corporate veil" and affect investors directly.
> but Scrooge would get immunity, and so would the taco truck.
The taco-stand corporation isn't immune, it's going bankrupt paying judgements. CEO/Owner Scrooge is coming in from the sidelines to preempt a personal lawsuit, and also trying to get someone in authority to (wrongly) grant him immunity from other potential lawsuits from other claimants.
> plus, the taco truck is still selling tacos
Oh, I think I see: No, this isn't a duck-ified version of the entire national controversy, I'm just trying to illustrate the how an "immunity" grant can be bogus.
In other words, the taco-stand is not a 1:1 analogy placeholder for Purdue Pharma, you can assume it's been bankrupted into Chapter 7 and broken up and sold off.