LEX Crash: a truely American conundrum
Dave Stadt wrote:
But wait, the airline is in bankruptcy!
Do they still sue?
Who will pay their contingency fees and costs?
Insurance companies.
Only up to the limit of the policy.
Yep, and don't believe they don't find out how much that is so
they know how much effort to exert. It's even required by law
in some states to disclose how much liability insurance you have
before when the case is filed.
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