- My Forums
- Tiger Rant
- LSU Recruiting
- SEC Rant
- Saints Talk
- Pelicans Talk
- More Sports Board
- Fantasy Sports
- Golf Board
- Soccer Board
- O-T Lounge
- Tech Board
- Home/Garden Board
- Outdoor Board
- Health/Fitness Board
- Movie/TV Board
- Book Board
- Music Board
- Political Talk
- Money Talk
- Fark Board
- Gaming Board
- Travel Board
- Food/Drink Board
- Ticket Exchange
- TD Help Board
Customize My Forums- View All Forums
- Show Left Links
- Topic Sort Options
- Trending Topics
- Recent Topics
- Active Topics
Started By
Message
Survivors of deadly DeRidder paper mill explosion awarded $104,000,000
Posted on 5/1/24 at 9:41 pm
Posted on 5/1/24 at 9:41 pm
quote:
BATON ROUGE, La. (KPLC) - A jury awarded $104 million to nine survivors of the deadly 2017 explosion at a DeRidder paper mill.
Three contract workers were killed and several people were injured in the explosion at the Packaging Corporation of America (PCA) facility on Feb. 8, 2017. The company was fined $2.5 million in 2022 for environmental violations in connection with the explosion.
Link
Also cool animation video OSHA made of how the incident happened. Link
13
Posted on 5/1/24 at 9:50 pm to LAblues
Arnold and Itkin may be the best Plaintiff’s firm in the country right now. Not surprised.
Posted on 5/1/24 at 9:57 pm to NIH
quote:
Arnold and Itkin may be the best Plaintiff’s firm in the country right now
They’ve gotten some gigantic judgements lately
Posted on 5/1/24 at 10:46 pm to Saskwatch
That’s a lot of money for 9 people but this seems like major incompetence
Posted on 5/1/24 at 11:13 pm to LSUFanHouston
Yep if each person was giving equal amounts they each get around $11 million. Reading through some of the documents those victims deserve every penny. Boise was very negligent and those guys suffered for it.
Posted on 5/1/24 at 11:14 pm to LSUFanHouston
Have you ever been in a wreck? Gambled? Gotten too drunk? That answer is yes. No one is perfect. This shite will happen even if AI completely takes it over.
Hindsight is 20/20. Like saying "You didn't invest in Bitcoin or Nvidia years ago? You idiot."
Hindsight is 20/20. Like saying "You didn't invest in Bitcoin or Nvidia years ago? You idiot."
This post was edited on 5/1/24 at 11:15 pm
Posted on 5/1/24 at 11:33 pm to LAblues
I. Didn’t read the article…but did the families of the folks that were killed get anything?
Posted on 5/1/24 at 11:33 pm to Spankum
They already got paid. And they didn’t get that much.
Posted on 5/1/24 at 11:53 pm to LAblues
Did any of the 7 who survived have any serious injuries or was it them simply just being there near the explosion that got them paid?
Posted on 5/1/24 at 11:59 pm to LAblues
Boise is $5.2 bil market cap and PCA is $16 bil market cap. Both increased a lot in weeks after accident. Market didn't give a shite as long as making money haha.
This post was edited on 5/2/24 at 12:01 am
Posted on 5/2/24 at 1:45 am to Saunson69
I can assure you 1000% that no one got paid just because they were in close proximity to the explosion.
Posted on 5/2/24 at 1:58 am to SWLA92
quote:
Yep if each person was giving equal amounts they each get around $11 million.
Not before the lawyers take their assumed 33% and the tax man calls.
Posted on 5/2/24 at 2:22 am to dkreller
quote:
Not before the lawyers take their assumed 33% and the tax man calls.
The lawyer's fees may be more since it went to trial and there are also the costs on top of fees. On the tax side depending on how the verdict was apportioned very little of it may be taxable. The article didn't mention any breakdown of damages (ie compensatory vs punitive) but it did mention interest being part of the amount. Interest is taxable.
Posted on 5/2/24 at 2:44 am to Obtuse1
I always wondered if taxes were accounted for in judgements.
Posted on 5/2/24 at 2:57 am to dkreller
quote:
I always wondered if taxes were accounted for in judgements.
There is no way to control how a jury will apportion the damages but in settlements, a good plaintiff's attorney will be cognizant of how the damages are structured in order to reduce or eliminate the tax burden for their client. Sometimes in jury verdicts, they apportion a large amount to punitive damages which are usually taxable. IME as a defense attorney it is rare a settlement for a tort action produces much if any tax burden to the plaintiff.
Posted on 5/2/24 at 4:30 am to LAblues
The amount is ludicrous
Posted on 5/2/24 at 6:25 am to mauser
y mauser The amount is ludicrous
What’s your life worth? Or the lives of 9 of your friends and family?
I’ll wait
What’s your life worth? Or the lives of 9 of your friends and family?
I’ll wait
This post was edited on 5/2/24 at 6:25 am
Posted on 5/2/24 at 7:00 am to LAblues
I’ll just comment on the wtf moment as far as the lockout procedure went
How does no one not realize that there’s a level in that tank before even working on it? Or why wasn’t there a fire blanket at minimum?
How does no one not realize that there’s a level in that tank before even working on it? Or why wasn’t there a fire blanket at minimum?
This post was edited on 5/2/24 at 8:11 am
Posted on 5/2/24 at 7:09 am to SWLA92
quote:
Boise was very negligent and those guys suffered for it.
What does Boise have to do with it? They said it was a PCA mill?
Posted on 5/2/24 at 7:50 am to LAblues
That video was actually pretty dang informative. I now know how this process works.
Did the families of those that parished receive any type of settlement?
Did the families of those that parished receive any type of settlement?
Page 1 of 3
Popular
Back to top
Follow TigerDroppings for LSU Football News