It will still be made your problem by the judge even if your employer doesn’t recover that money will still end up being paid to the majority shareholders.
That is unless you were planning to live without income or decide not to continue living.
You generally can’t pursue someone for debt after a bankruptcy declaration, depending on the country. So if you’re 25M in debt, you go bankrupt and they can’t chase you for any more. You lose all your current assets, but at least you can rebuild a life. Still, rough path to choose.
That’s not how judicial fines work, they know most people don’t have that amount in the bank so there’s zero point asking for the lump sum. Their aim is to disincentivise future “vandals” by making an example out of the first one. You won’t be able to escape the payments which will be unavoidable due to bankruptcy because a portion of your wages will be garnished so that you’ll have just enough to survive but the rest you’ll be paying back for the rest of your life.
Look what’s happening to that cunt Alex Jones, he can’t escape the settlement to the Sandy Hook families by bankruptcy so he’s doing everything he can to hide his income and assets and appeal the judgement.
Mmmm yes but if you detonate a truck bomb you will die as well 😏🤔 you might destroy your employer but you will destroy yourself in the process as well! ☝️🤓
Look I’m all for fucking over the corpo bastards but if you’re planning on sacrificing yourself because you truly think an ideal or cause is worth more than your life you’d be better off destroying the backups, blowing up the offices, and Luigi-ing the entire board of directors.
OR find some other way to fuck them over that doesn’t sacrifice your own life.
ThePyroPython@lemmy.world 5 weeks ago
It will still be made your problem by the judge even if your employer doesn’t recover that money will still end up being paid to the majority shareholders.
That is unless you were planning to live without income or decide not to continue living.
What precisely about your point did I miss?
WaxRhetorical@lemmy.world 5 weeks ago
You generally can’t pursue someone for debt after a bankruptcy declaration, depending on the country. So if you’re 25M in debt, you go bankrupt and they can’t chase you for any more. You lose all your current assets, but at least you can rebuild a life. Still, rough path to choose.
ThePyroPython@lemmy.world 5 weeks ago
That’s not how judicial fines work, they know most people don’t have that amount in the bank so there’s zero point asking for the lump sum. Their aim is to disincentivise future “vandals” by making an example out of the first one. You won’t be able to escape the payments which will be unavoidable due to bankruptcy because a portion of your wages will be garnished so that you’ll have just enough to survive but the rest you’ll be paying back for the rest of your life.
Look what’s happening to that cunt Alex Jones, he can’t escape the settlement to the Sandy Hook families by bankruptcy so he’s doing everything he can to hide his income and assets and appeal the judgement.
iocase@lemmy.zip 5 weeks ago
Mmmm yes but if you detonate a truck bomb you will die as well 😏🤔 you might destroy your employer but you will destroy yourself in the process as well! ☝️🤓
Image
ThePyroPython@lemmy.world 5 weeks ago
So you’re suicidal?
Look I’m all for fucking over the corpo bastards but if you’re planning on sacrificing yourself because you truly think an ideal or cause is worth more than your life you’d be better off destroying the backups, blowing up the offices, and Luigi-ing the entire board of directors.
OR find some other way to fuck them over that doesn’t sacrifice your own life.
iocase@lemmy.zip 5 weeks ago
Go touch grass