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PaperclipPerfector  2d ago (text post)   1418 thread views

Friday Fun Thread for June 27, 2025

Be advised: this thread is not for serious in-depth discussion of weighty topics (we have a link for that), this thread is not for anything Culture War related. This thread is for Fun. You got jokes? Share 'em. You got silly questions? Ask 'em.

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Is $200k the limit on the amount that Keith's insurance would cover? If not then Keith is entirely in the right here, and the bankruptcy judge should not have required the limit of 200k in the first place. There's no reason the amount should have been relevant for this ruling except if it would be dis-chargeable via the bankruptcy.

If it is the insurance limit then the best outcome would be the $1.6 M being the official amount awarded and the $1.4 M being retroactively discharged by the bankruptcy.

It's unfortunate that the laws aren't smart enough to do the obvious thing.

Is 200 k$ the limit on the amount that Keith's insurance would cover?

No, it's the limit on the amount that Carlos's insurance would cover.

If not then Keith is entirely in the right here, and the bankruptcy judge should not have required the limit of 200 k$ in the first place.

To clarify: This situation arose solely because Keith was impatient. He asked the two judges to impose the 200-k$ limit because he wanted to get his money ASAP, without waiting for the bankruptcy proceedings to finish.

No, it's the limit on the amount that Carlos's insurance would cover.

My bad, that's what I meant to ask but got their names mixed up.

To clarify: This situation arose solely because Keith was impatient. He asked the two judges to impose the 200-k$ limit because he wanted to get his money ASAP, without waiting for the bankruptcy proceedings to finish.

But why was that necessary? Shouldn't there have been an option to do the thing he tried to do? That is, have his case proceed but, because the accident occurred prior to the bankruptcy, anything that exceed the insurance value can retroactively be voided by the bankruptcy? Or is that not possible because it would make him a creditor and the bankruptcy has to figure out how to pay those out?

Wouldn't it make more sense to put a hold on the bankruptcy proceedings and handle the lawsuit first?

Or is that not possible because it would make him a creditor and the bankruptcy has to figure out how to pay those out?

This, I think. But I'm not a lawyer.

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