Results 1 to 10 of 64

Threaded View

  1. #1
    Join Date
    Dec 2018
    Posts
    168

    Default Go Away Money

    It is very popular here to use the term "go away money." My understanding of its application is when an insurance company/defendant is in the right, they do not owe anything to the plaintiff, yet they pay him anyway to avoid litigation and defense costs. Is that correct?

    Well, here is a case where a bicyclist recently rode through a set of cones and into a construction ditch in a designated bike lane. He became paraplegic. Now, I feel certain you all see him as 100% at fault, yet the three defendants paid him at total of $20 million dollars. So I ask, do insurance companies pay $20M in "go away money?"

    https://www.nbcsandiego.com/news/loc...508176591.html

    Why didn't they just tell him to "go away" instead of paying him that kind of money to "go away?" I mean, you all see him 100% at fault, right?

    1. Sponsored Links
       

Similar Threads

  1. Money Laundering: Can You Be Charged With Money Laundering for Helping a Friend Transfer Money
    By lawfacts in forum Criminal Charges
    Replies: 1
    Last Post: 10-19-2016, 09:11 PM
  2. Sales Agreements: Car Seller Took My Money and Did Not Sign the Title - How to Get My Money Back
    By JunManila in forum Cars and Dealerships
    Replies: 2
    Last Post: 03-04-2013, 04:30 PM
  3. Non-Performance and Breach: Retrieving Money Builder Spent on Merchandise That He Returned, Keeping Money
    By Pinheadann in forum Construction, Repair and Renovation
    Replies: 4
    Last Post: 12-27-2011, 02:10 PM
  4. Security Deposits: Tenant Owes More Than Security Deposit, Can I Keep Money Other Money Owed
    By tcuwilliams in forum Landlord-Tenant Law
    Replies: 2
    Last Post: 05-21-2011, 04:33 AM
  5. Debt Collectors: My Ex Owes Me Money and Has Refused to Pay, and I Have a Plan to Get the Money
    By some person in forum Debts and Collections
    Replies: 1
    Last Post: 03-01-2010, 08:44 PM
 
 
Sponsored Links

Legal Help, Information and Resources