Earlier quoted context omitted.
What does any of that have to do with anything? > If you want to insist that only greedy corporations could have made portable hand-held network connected computing devices possible, then make that point. It burns oil and emits CO2. Doesn't matter who makes it or if they are "greedy." Physics doesn't care about human emotions. > If you want to insist that there could be no automobile or refueling system without a sys…
The GP made an observation about "greedy corporations". You sarcastically wrote > Posted from your iphone while driving to the gas station to fill up? Where did you fly to for your last vacation? as if using any of those technologies means that you have no standing to criticize "greedy corporations". I've pointed out the (potential) disconnect between the technologies and the corporations, and you've now wandered off…
Judge finalizes order for Greenpeace to pay $345M in ND oil pipeline case
191–200 of 245 posts
Re: Judge finalizes order for Greenpeace to pay $345M in ND oil pipeline case
#192> Greenpeace maintains it only had six employees visit the protest camps, and that all worked for Greenpeace USA, not Greenpeace Fund or Greenpeace International. > The jury found Greenpeace USA liable for almost all claims. how does this happen? did greenepeace just run a bad trial? or lose all public trust?
> Greenpeace USA, not Greenpeace Fund or Greenpeace International Why is something like this allowed to exist... Stacking entities and funneling wealth around in the guise of a noble cause.
Re: Judge finalizes order for Greenpeace to pay $345M in ND oil pipeline case
#193Earlier quoted context omitted.
They sure do. They've also been sued for it, too, because it's bad. It's also bad for Greenpeace to do it.
There is absolutely no way the damage is that large and this seems to be mostly a revenge action by a community in which Greenpeace - or any other environmental organization - would never get a fair trial to begin with.
Re: Judge finalizes order for Greenpeace to pay $345M in ND oil pipeline case
#194[flagged]
Sounds like you put the maybe in the wrong place. The jury found that they did do that. And you have no evidence whatsoever that they leaked any oil into the water supply.
Re: Judge finalizes order for Greenpeace to pay $345M in ND oil pipeline case
#195Earlier quoted context omitted.
This case is not important because of Greenpeace, it's important because of the implications for free speech in the US. They are not being bankrupted because they took the wrong stance on nuclear, they're being bankrupted for supposed defamation and incitement against a major energy corporation. This is a precedent that will be used to attack all kinds of civil society organizations when they threaten the profits of…
What does setting things on fire have to do with freedom of speech?
Re: Judge finalizes order for Greenpeace to pay $345M in ND oil pipeline case
#196Earlier quoted context omitted.
Generally true, but one key point. Under bankruptcy law, you can give liabilities to a subsidiary, but you have to give the subsidiary enough money to pay the anticipated liabilities. That’s the reason why J&J gave the subsidiary so much money. Otherwise, the bankruptcy would have been dismissed as a fraudulent transfer. The bankruptcy court approved the bankruptcy filing, but on appeal the Third Circuit dismissed th…
> So the Texas Two-Step supports the idea that companies can’t just put liabilities in a subsidiary and put it into bankruptcy. The Texas Two-Step is an effort to work around that rule. Sorry I'm having trouble parsing this because the first and second sentences seem to contradict each other. Or I'm just bad at reading. > Disclosure: I was on the team that won the appeal against J&J on this issue That's actually pret…
Sorry, I was unclear. You have a law that says that pre-bankruptcy transfers that were made to avoid liability can be voided: 11 USC 548: https://www.law.cornell.edu/uscode/text/11/548. So say J&J put the liabilities into a subsidiary, but didn’t give it a check. The creditors would have been able to void the transfer of liability and give it back to J&J by proving that J&J transferred the liabilities that the subsidiary couldn’t pay.
To work around that, J&J did a particular formulation of the Texas Two-Step where it gave the subsidiary a big check to pay for the anticipated liabilities. The fact that J&J had to do that shows that the fraudulent transfer law does have some teeth. It was the reason J&J had to take the approach that ultimately got the subsidiary kicked out of bankruptcy court.
> If I may ask, given that LTL was funded with many multiples of its liabilities, why was the bankruptcy appealed
So the amicus brief from Public Justice—which I had no involvement with—does a good job of explaining the public interest concerns: https://www.tzlegal.com/wp-content/uploads/2022/07/2022.07.0.... Bankruptcy court is a debtor-friendly forum and gives debtors tremendous leverage over creditors.
Re: Judge finalizes order for Greenpeace to pay $345M in ND oil pipeline case
#197Earlier quoted context omitted.
> So the Texas Two-Step supports the idea that companies can’t just put liabilities in a subsidiary and put it into bankruptcy. The Texas Two-Step is an effort to work around that rule. Sorry I'm having trouble parsing this because the first and second sentences seem to contradict each other. Or I'm just bad at reading. > Disclosure: I was on the team that won the appeal against J&J on this issue That's actually pret…
> Sorry I'm having trouble parsing this because the first and second sentences seem to contradict each other. Or I'm just bad at reading. Sorry, I was unclear. You have a law that says that pre-bankruptcy transfers that were made to avoid liability can be voided: 11 USC 548: https://www.law.cornell.edu/uscode/text/11/548 . So say J&J put the liabilities into a subsidiary, but didn’t give it a check. The creditors wou…
I understood that. My question was why challenge the bankruptcy if there was apparently already enough money for everyone who won? Why not just go to bankruptcy court and pick up your check?
EDIT: Looks like this question was answered with an edit to the post I replied. Thanks!
Another commenter https://news.ycombinator.com/item?id=47224462 said that
1. funding commitments have been unenforceable in other Texas two step bankruptcies
2. allowing a bankruptcy court to figure out payments would turn all the thousands of plaintiffs' cases into a defacto class action (my understanding of what this person wrote).
Re: Judge finalizes order for Greenpeace to pay $345M in ND oil pipeline case
#198Earlier quoted context omitted.
Blaming oil companies for the extremely well documented history of suppression of research and action into the impact of climate change is not childish.
It is childish to think that anything would have been different if this research was released.
Re: Judge finalizes order for Greenpeace to pay $345M in ND oil pipeline case
#199Earlier quoted context omitted.
The protests involved what activists call “direct action,” which involves trespassing on private property, blockading workers, or damaging equipment in an effort to prevent otherwise lawful activity. For example, activists admitted to setting fire to equipment and pipeline valves in an effort to stop construction: https://www.kcci.com/article/2-women-admit-to-causing-damage... . That’s legally straightforward conduct…
> The legal issue here is that there should be a very high bar for saying that first amendment protected speech amounts to incitement. But that’s not a principle of law as far as I’m aware. I don't understand the distinction you're making here. Isn't there being a high bar for saying that first amendment protected speech amounts to incitement literally a principle of modern first amendment law (Brandenburg etc)? > So…
> Even the way you write this makes it sound like you know it's problematic too.
That was intentional.
Re: Judge finalizes order for Greenpeace to pay $345M in ND oil pipeline case
#200Earlier quoted context omitted.
The GP made an observation about "greedy corporations". You sarcastically wrote > Posted from your iphone while driving to the gas station to fill up? Where did you fly to for your last vacation? as if using any of those technologies means that you have no standing to criticize "greedy corporations". I've pointed out the (potential) disconnect between the technologies and the corporations, and you've now wandered off…
Nice try, but I'm not stupid enough to fall for your deflection. GP did not complain about "greedy corporations." He complained about "greedy corporations destroying our planet." They aren't destroying our planet. You, GP, and I are destroying our planet. But unlike you and GP, I am an adult and I don't try to blame other people for my actions.
What I cannot imagine, however, is an alternative that still featured "greedy corporations" without the "destroying our planet" part.