tag:blogger.com,1999:blog-5465015914589377788.post2928082936865387558..comments2024-03-20T09:32:16.592-04:00Comments on Michael James on Money: Two Judgments of Over a Billion Dollars Against IndividualsMichael Jameshttp://www.blogger.com/profile/10362529610470788243noreply@blogger.comBlogger4125tag:blogger.com,1999:blog-5465015914589377788.post-12302507394434924242020-10-31T20:19:33.664-04:002020-10-31T20:19:33.664-04:00The comment above is a reply to Thicken My Wallet&...The comment above is a reply to Thicken My Wallet's comment:<br /><br />Successful plaintiffs (in Ontario at least) register a writ against the defendant. Even if you don't collect a cent, the writ prevents the defendant from effectively obtaining credit or selling their home (without paying the plaintiff something) and allows garnishment of wages.<br /><br />Yes, you will never collect these staggering amounts but it tends to leave a large black mark against the defendant.Michael Jameshttps://www.blogger.com/profile/10362529610470788243noreply@blogger.comtag:blogger.com,1999:blog-5465015914589377788.post-44759693780643109182010-10-07T12:48:08.184-04:002010-10-07T12:48:08.184-04:00@Thicken: OK, I can see the point of getting a la...@Thicken: OK, I can see the point of getting a large judgment, but presumably some number in the millions would have been large enough to achieve the same goal. Maybe it doesn't matter once you get well beyond the individual's means, but it makes the court look a little silly to be awarding billions from a person of modest means.Michael Jameshttps://www.blogger.com/profile/10362529610470788243noreply@blogger.comtag:blogger.com,1999:blog-5465015914589377788.post-60363453627236642242010-10-06T23:18:29.792-04:002010-10-06T23:18:29.792-04:00@Gene: Good one. Thanks for the chuckle.@Gene: Good one. Thanks for the chuckle.Michael Jameshttps://www.blogger.com/profile/10362529610470788243noreply@blogger.comtag:blogger.com,1999:blog-5465015914589377788.post-23993146340519380172010-10-06T22:35:34.464-04:002010-10-06T22:35:34.464-04:00I hope vigilant stock analysts are able to spot a ...I hope vigilant stock analysts are able to spot a suspicious $6.7 billion increase in SG's accounts receivable entry and classify it as doubtful. :-Dgenehttps://www.blogger.com/profile/05608927986297939720noreply@blogger.com