Read the full story here Web Link posted Thursday, April 19, 2012, 9:03 AM
https://n2v.paloaltoonline.com/square/print/2012/04/19/children-sue-father-in-death-of-mother-in-woodside
Town Square
Children sue father in death of mother in Woodside
Original post made on Apr 19, 2012
Read the full story here Web Link posted Thursday, April 19, 2012, 9:03 AM
Comments
Posted by What's the point?
a resident of Adobe-Meadow
on Apr 19, 2012 at 11:04 am
a resident of Adobe-Meadow
on Apr 19, 2012 at 11:04 am
If he's deeply in debt, what's the point of suing him?
Posted by Dan
a resident of Southgate
on Apr 19, 2012 at 4:41 pm
a resident of Southgate
on Apr 19, 2012 at 4:41 pm
Let's say he's got $10M in assets and $20M in liabilities. He declares bankruptcy and his creditors get paid off at 50%. Now, suppose his kids win the suit and are awarded $20M, half the new total of his liabilities. They collect $5M (1/2 his assets) and his creditors get the rest, now 25% of what they're owed.
Posted by moi
a resident of Another Palo Alto neighborhood
on Apr 19, 2012 at 8:01 pm
a resident of Another Palo Alto neighborhood
on Apr 19, 2012 at 8:01 pm
The children: Are they minors?
This is very strange.
Posted by Answers
a resident of Palo Alto High School
on Apr 19, 2012 at 9:23 pm
a resident of Palo Alto High School
on Apr 19, 2012 at 9:23 pm
[Post removed.]
Posted by KarmaBaby
a resident of East Palo Alto
on May 10, 2013 at 2:46 pm
a resident of East Palo Alto
on May 10, 2013 at 2:46 pm
[Post removed.]
