Quote:
Originally Posted by ToplistBlog_Com
That's a 1.8 million dollar profit.
Might be worth it.
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Not exactly. Firstly, the attorneys will get a large chunk of that. Secondly, the article says the clinic is likely to appeal. Thirdly, after appeals, if any, there's the issue of collecting the judgement.
In this instance, the woman may be in luck, since it's likely the clinic has insurance that will pay some, if not all, of the judgement. But that's not a sure thing... in which case it will come down to court orders to luquidate assets of the business, but can often be a futile effort, if the business declares bankruptcy.
Many of the big monetary awards people hear about are paid by insurance companies of the company sued. If a company being sued doesn't have insurance and/or the insurance refuses to pay, then it's highly likely the plaintiff will get very little, especially after all the attorney fees.
Ron