[TheForge] What ever happened to...
peter fels
artgawk at thegrid.net
Mon Feb 28 01:20:37 EST 2011
Yeah well;
I'm strictly imaginary myself.
I only exist in your imaginations.
"Nobody knows you are a dog when you are online".~
On Feb 27, 2011, at 4:56 PM, dann at wctatel.net wrote:
> Philp,
>
> Your instincts may be right, but I was wishing Terry well.
> Winning a court settlement, and actually collecting it are quite different
> things.
> Even if Terry Ridder finally "won" a potentially large settlement; the
> company that was fund it,.. ( the loser ) can tie it up for years in
> additional appeals.
> The larger the settlement, the more it is worth the losing party's
> additional legal costs to delay and appeal the settlement.
>
> In a worst case scenario, during the time lag, during course of appeals,
> they preempt the payment court ordered settlement with a bankruptcy after
> diverting the corporate funds. Then it becomes a proof of fraud and
> trying to fund that additional litigation.
>
> When I inquired about an effort to collect a loss from a bankruptcy that
> appeared fraudulent to me, I remember 25 years ( or so) ago... that a
> bankruptcy attorney told me that he believed over 60 percent of all
> bankruptcies involved bankruptcy fraud... but attempting to prove it was
> usually not worth while.
>
> Last that I remember Terry L. Ridder posting stuff on this list, was when
> he was discussing ship board / machine shop / tooling to take on his
> ship(s).
>
> As I recall, wasn't he was planning a total of 3 salvage type ships ? At
> the time, I thought that he might have been inspired by author Clive
> Cussler after reading a Dirk Pitt novel... that caught his fancy.
>
> http://en.wikipedia.org/wiki/Dirk_Pitt. Shipping in international waters
> isn't quite so safe just now. Pirates abound, and not just in the
> Caribbean.
>
> On that facebook page .. I note that Terry's one blacksmith "Facebook
> friend" that I have in common with, is Dave Mudge.
>
> http://www.facebook.com/artisticforge#!/artisticforge?sk=info
>
> Dann
>
>> I rather doubt that he:
>>
>> A. Bought anything
>> B. Acquired any money from a settlement from any of his many accidents
>> and
>> C. Ever has, or ever will do anything but sit on the computer and
>> troll various lists and social networks.
>
>
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