alfa164 wrote:ahmetdouas wrote:Let's not forget he'd have to pay 40% tax on whatever he gets ?
United1 wrote: Could not tell you what the exact dollar amount is but it may not be as high as people think...probably low 7 figures if I were to hazard a guess. A huge percentage of that will go to the attorneys and another large chunk in taxes....
Payments designated for medical expenses and pain and suffering are generally not subject to federal income taxes. A properly-structured settlement will result in little, if any, tax liability.
No income taxes but a lot will be going to his lawyers that handled the settlement.
ikramerica wrote:I'm sure it was for more than he deserved but not as much as he was hoping. Avoiding a trial and all the discovery of his past behaviors being made public was good for him.
First of all you have to convince a jury that his past indiscretions warranted him getting a concussion and losing two teeth. If this person had a rapsheet of causing disruptions on airlines then you might have an argument.
The main reason that UA did not want this is court is that they would have probably had to fork over more money, the COC would more than likely have been ripped apart by a judge, which would effect more than just UA.
727200 wrote:I wouldn't have given this clown a dime. Go talk with the City of Chicago PD who did the damage. All this is going to do is encourage others to try the same thing. You should see all the crap airline employee's have to put up with since this happened. Its ridiculous the garbage they now encounter.
Then you would have been summoned in court and forced to by a jury and judge if you lost.
727LOVER wrote:This reminds me of how quickly Disney settled with the alligator kid family. But why was there not as much hatred against Disney?
Many companies do shady stuff. Probably one of the most beloved companies out there is Apple.
They have had child labour issues, hide $2 trillion in cash overseas, colluded with other tech companies to keep labour costs down. Their former CEO whom is a genius was a certified asshole whom did nothing philanthropic while he was alive. Also there terms and conditions probably make UA's COC look angelic comparatively
People like Apple because they have a sexy phone that people love, Disney makes movies we like and now own the second biggest movie franchise in Star Wars.
People hate airlines and banks because they are for profit necessities and some of them probably act with way more corporate responsibility. The corporations people love make things or have services that people like and they put their blinders on.