RE: class action, by Anniebonny
Anniebonny, infamous pirate-et of the Seven Seas, after
a healthy swill or two of pirate rot gut rum, performs
nude Pocahontas cartwheels on her Black Pearl poop deck,
which takes a lot of talent considering she has a wood
peg leg and one hook hand. One of her swabbies, who is
intently watching, murmurs, "That is some class action!"
"...considering that Rufus and Co did not carry any D&O
insurance...Rufus...said they got some figures...premiums
were in the 7 figures...he said, 'heck what do we need
insurance for - insurance has limits for payouts - we
have the bonds!'"
Translation: "I have no money. I cannot afford insurance."
So very humorous. Rufus has no pr firm, does not retain
lawyers for his trial, does not pay for drinks and dinner
at the Dallas meeting and has not enough sense to buy a
cowboy head which fits his pointy head. Boy howdy, now
that ain't class action.
Right about now I bet he is wishing he had insurance.
Here is a comparison on smarts. As landlords, we know
there is every possibility we could be sued for whatever.
* knocks her knothead skull * Knock on wood! In twenty
years, only sued once but we won.
A man sued us because leaves fall from a huge tree in one
of our rentals' backyard into his backyard. Oh brother.
Such a simple case, I argued this one on my own based
on a Grandfather Clause, "Your honor, when Mr. Dipstick
over there bought his house, he was well aware of our
hundred year old eucalyptus tree near his back fence, just
as he was aware leaves fall into his backyard. He bought
his house with full knowledge of our tree, thus consenting
to existing conditions upon purchase. He chose to accept
the antedate of our eucalyptus tree."
Case dismissed with prejudice.
Nonetheless, we have sense enough to carry one-million dollar
liability insurance on each of our rentals. Not cheap, be sure.
Cutting too many corners can collapse a building. We have
worked for decades to arrive where we are and are not about
to lose all to some sue crazy Mr. Dipstick.
Harris not carrying Directors and Officers insurance serves
as another unsolicited testimony the man is a dipstick, and
his short little dipstick shows him to be a quart low.
Purl Gurl |
