>blanket immunity. From civil lawsuits. They can still be charged criminally.
Bankruptcy court gave blanket immunity to executives in 9 out of 10 major cases
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Re: Bankruptcy court gave blanket immunity to executives in 9 out of 10 major cases
#12Re: Bankruptcy court gave blanket immunity to executives in 9 out of 10 major cases
#13It should be noted that giving criminals immunity is the entire damn point of the system. The point of "immunity" is so that the lower-level criminals lose their 5th Amendment rights, and are therefore compelled to present evidence against their boss. The 5th Amendment in the USA states "Right against self-incrimination", but if you have immunity, you cannot self-incriminate. So once you sign that immunity document,…
Bankruptcy isn't a criminal matter.
Re: Bankruptcy court gave blanket immunity to executives in 9 out of 10 major cases
#14Earlier quoted context omitted.
Maybe because the example they gave on the article they were going after one person crime (rape), and the case that caused outrage is where the guilty bosses are already the guilty bosses and they still got deals. Would you not see any problem if (still using the article example) Weinstein was given immunity to report on his own rapes? Also it compounds the rage as it was what happened to all the banks in 2008, all t…
> Would you not see any problem if (still using the article example) Weinstein was given immunity to report on his own rapes? Weinstein is the boss. So you'd never give him immunity to the case, he's the target. If Weinstein had a close "ally", who was less important for justice but important to testify for the case... even if that "ally" had crimes associated with him, you'd want to give that "Hypothetical ally" imm…
In the article it says that Weinstein was practically given immunity to personal lawsuits related to the class action. Individual members of the class were able to retain the right to sue him personally in exchange for taking 1/4 of their payout in the bankruptcy proceedings.
Anyway, aside from the specific inaccuracy of what you're saying here, this whole argument is mush-headed slop. You're talking about criminal cases, the article is about bankruptcy proceedings and civil lawsuits against individuals. You might as well say that you'd never give Weinstein immunity because in video games making some enemies fully immune to elemental attacks makes class balance difficult.
Re: Bankruptcy court gave blanket immunity to executives in 9 out of 10 major cases
#15Bankruptcy is a deal with the court on restructuring or insolvency. Both parties have to agree. They will simply not take the deal if the risk is high for them.
Re: Bankruptcy court gave blanket immunity to executives in 9 out of 10 major cases
#16>blanket immunity. From civil lawsuits. They can still be charged criminally.
pointless. Most of those things are not crimes (mismanagement, bankruptcy) unless you can start the civil case for damages first to find the fraud that then becomes criminal. It's a well thought of plan.
Someone can correct me if I am wrong, but when you go to bankruptcy court, you actually have to reveal all of your finances and justify why you need to declare bankruptcy? You can't just preliminarily declare bankruptcy in anticipation of damages - you actually have to damages assigned by a court.
And it seems like a huge waste of everyone's time in the bankruptcy process if the judge says "oh yeah - anyone can now tack on a lawsuit and I'll see you back here every single time".
Re: Bankruptcy court gave blanket immunity to executives in 9 out of 10 major cases
#17Re: Bankruptcy court gave blanket immunity to executives in 9 out of 10 major cases
#18It should be noted that giving criminals immunity is the entire damn point of the system. The point of "immunity" is so that the lower-level criminals lose their 5th Amendment rights, and are therefore compelled to present evidence against their boss. The 5th Amendment in the USA states "Right against self-incrimination", but if you have immunity, you cannot self-incriminate. So once you sign that immunity document,…
Maybe because the example they gave on the article they were going after one person crime (rape), and the case that caused outrage is where the guilty bosses are already the guilty bosses and they still got deals. Would you not see any problem if (still using the article example) Weinstein was given immunity to report on his own rapes? Also it compounds the rage as it was what happened to all the banks in 2008, all t…
This article is about immunity from civil lawsuits - not criminal convictions.
Honestly, with Weinstein in jail, I could care less that people can't sue him for all the nothing he now has.
Re: Bankruptcy court gave blanket immunity to executives in 9 out of 10 major cases
#19Re: Bankruptcy court gave blanket immunity to executives in 9 out of 10 major cases
#20It should be noted that giving criminals immunity is the entire damn point of the system. The point of "immunity" is so that the lower-level criminals lose their 5th Amendment rights, and are therefore compelled to present evidence against their boss. The 5th Amendment in the USA states "Right against self-incrimination", but if you have immunity, you cannot self-incriminate. So once you sign that immunity document,…
Bankruptcy isn't a criminal matter.