ItsaSantino
Trap-Jaw
Prepare to experience sexual magic
Posts: 425
|
Post by ItsaSantino on Nov 27, 2007 22:35:56 GMT -5
This will all be resolved with a magical fingerpoke. That...is disgusting
|
|
|
Post by genesisdomino on Nov 27, 2007 22:47:41 GMT -5
Ummm...why is everybody forgetting that : #1 Auto insurance liability coverage will pay for bodily injury caused in this accident. AND #2 Most upper middle class people ...and almost ALL wealthy people... have multi-million dollar umbrella liability policies for cases just like this. I guarantee you Hulk's got one of these. Don't think for a minute the Huckster is going to need to come out of retirement to pay for his son's friend's medical bills. If you want to feel sorry for anyone, feel sorry for his insurance company. They're the ones who'll pay for this- not Hulk personally...
|
|
|
Post by Topher is Human on Nov 27, 2007 22:48:42 GMT -5
I know it's already been said, but I really feel in a situation like this it needs to be reiterated...
Liz Vassey is hot.
Also, once again the world is getting all messed up due to the misadventures of Hulk Hogan and his boy-daughter.
|
|
|
Post by qkumber on Nov 27, 2007 22:51:18 GMT -5
-He is responsible for his 17 year old child -He gave alcohol to his 17 year old son and let him drive *his* not Nick's car -Nothing like that at all lol -Nick Hogan's money is Hulk Hogan's money Exactly, Hogan went and bought a vehicle that was modified for racing and let his 17 year old son drive it. Knowing he has been in trouble with the law for speeding before.
|
|
|
Post by Harvey on Nov 27, 2007 22:53:16 GMT -5
Ummm...why is everybody forgetting that : #1 Auto insurance liability coverage will pay for bodily injury caused in this accident. AND #2 Most upper middle class people ...and almost ALL wealthy people... have multi-million dollar umbrella liability policies for cases just like this. I guarantee you Hulk's got one of these. Don't think for a minute the Huckster is going to need to come out of retirement to pay for his son's friend's medical bills. If you want to feel sorry for anyone, feel sorry for his insurance company. They're the ones who'll pay for this- not Hulk personally... I've seen that argument debunked about 50 times lately.. to lazy to destroy it
|
|
|
Post by genesisdomino on Nov 27, 2007 23:07:31 GMT -5
What is there to debunk? Let's say that there is a drag racing exclusion on the auto policy- which there very well may be. Then the umbrella excess liability policy will likely still provide coverage. You see, umbrella policies do not just provide excess liability over the primary exposures. They also can provide coverage for situations not covered by primary policies, such as auto or home. For example, many times libel and slander are not covered by a HO-3's liability coverage- but the umbrella policy still protects the insured in the event of a loss. Of course, all this depends on the provisions of the specific auto and umbrella policies in question- but we should not be so quick to assume that there is no coverage. May I ask how many umbrella policies anyone who questions this information has sold?
|
|
|
Post by vincesson on Nov 28, 2007 5:01:48 GMT -5
If you believe the web sites of the law firms who specialize in asset protection , a divorce would not help because either Hulk or His Wife would own whatever came from the divorce and therefore it could be seized to pay creditors. Hogan would actually have to transfer to a third party who could not be sued for Nicks accident to dodge losing property or whatever.
|
|
|
Post by The Deadly Snake on Nov 28, 2007 5:08:14 GMT -5
If you believe the web sites of the law firms who specialize in asset protection , a divorce would not help because either Hulk or His Wife would own whatever came from the divorce and therefore it could be seized to pay creditors. Hogan would actually have to transfer to a third party who could not be sued for Nicks accident to dodge losing property or whatever. You should not be giving Hogan suggestions like that. AS much as I think Hogan is partially responsible for Nick, using legal maneuvers like this will only make the situation worse. If the judge actually finds these maneuvers to be actually attempting to subvert the legal process, then they are going to be in deeper trouble than they arlready are.
|
|
Mozenrath
FANatic
Foppery and Whim
Speedy Speed Boy
Posts: 121,937
|
Post by Mozenrath on Nov 28, 2007 5:11:09 GMT -5
If you believe the web sites of the law firms who specialize in asset protection , a divorce would not help because either Hulk or His Wife would own whatever came from the divorce and therefore it could be seized to pay creditors. Hogan would actually have to transfer to a third party who could not be sued for Nicks accident to dodge losing property or whatever. You should not be giving Hogan suggestions like that. AS much as I think Hogan is partially responsible for Nick, using legal maneuvers like this will only make the situation worse. If the judge actually finds these maneuvers to be actually attempting to subvert the legal process, then they are going to be in deeper trouble than they arlready are. Provided it's actually illegal. A loophole is a loophole. At any rate, the case isn't as easy a win as you might think for the victim. They're going to have to prove, probably, that his not wearing a seatbelt wasn't the major factor in his injuries. I may be mistaken, but I believe that's the case.
|
|
Welfare Willis
Crow T. Robot
Pornomancer 555-BONE FDIC Bonsured
Game Center CX Kacho on!
Posts: 44,259
|
Post by Welfare Willis on Nov 28, 2007 7:13:48 GMT -5
I know it's already been said, but I really feel in a situation like this it needs to be reiterated... Liz Vassey is hot. Also, once again the world is getting all messed up due to the misadventures of Hulk Hogan and his boy-daughter. And let us never forget that Nick could have saved himself... a lot of money by switching to Geico.
|
|
|
Post by Loki on Nov 28, 2007 9:59:45 GMT -5
It's not like the Grazianos would get THE WHOLE Hogan's fortune...
I don't know how rich Hogan is, and how much could work as compensation, but I believe even after paying an insanely high sum, the Hogans would still have plenty of money.
|
|
AriadosMan
Bill S. Preston, Esq.
Your friendly neighborhood superhero
Posts: 15,620
|
Post by AriadosMan on Nov 28, 2007 10:16:30 GMT -5
I seriously doubt Hogan would go so far as to fake a divorce. Wrestling is scripted, but not to that point.
|
|
|
Post by bshadye413 on Nov 28, 2007 10:19:03 GMT -5
honestly i thought it was a "work" to
A) Take the focus off of Nick B) increase ratings for their show
I never thought about it for this reason, but if its not legit then this is as low as it gets
|
|
|
Post by gdawg76 on Nov 28, 2007 10:20:22 GMT -5
A very similar situation happened to a husband and wife that I know. The husband got drunk one night and got in a fight with another guy at a sports bar. He put the guy in the hospital with like $400,000 in hospital bills and rehabilitation. The husband and wife were advised to quickly divorce, letting the wife have most of the couple's assets. The reason being, the husband will most likely be the only person named in the lawsuit. Since he won't own much, they won't be able to take the house and cars and other possessions. It worked, sort of. The husband was found guilty, and must pay $10,000 every January to the man for the next 20 years. However, they did not get their house or anything taken away since all possessions were in the wife's(or ex-wife's) name. The couple remarried not long after the court settlement. The thing is, in order to keep from going to jail, the husband must pay the $10,000 each year. So, they have ended up selling their cars and alot of their possessions, but were not forced to move, since the house was in the wife's name. It's a loophole, and it works, because there is no way to prove that the couple's relationship was not in trouble before the whole episode began. It's a way to make sure that everything that someone has worked for is not taken away from one bad situation.
|
|
Mecca
Wade Wilson
Posts: 25,178
|
Post by Mecca on Nov 28, 2007 10:24:10 GMT -5
Well if you listen to the Honky Tonk Man talk about it in a shoot....you'd think Hogan was worth about 500 million dollars.
|
|
AriadosMan
Bill S. Preston, Esq.
Your friendly neighborhood superhero
Posts: 15,620
|
Post by AriadosMan on Nov 28, 2007 10:26:04 GMT -5
Well if you listen to the Honky Tonk Man talk about it in a shoot....you'd think Hogan was worth about 500 million dollars. How much did Hogan make a year? From what little I understand of the financial situation in pro wrestling, the people at the very top made most of the money, and most people were paid relatively poorly.
|
|
Mecca
Wade Wilson
Posts: 25,178
|
Post by Mecca on Nov 28, 2007 10:28:27 GMT -5
Well if you listen to the Honky Tonk Man talk about it in a shoot....you'd think Hogan was worth about 500 million dollars. How much did Hogan make a year? From what little I understand of the financial situation in pro wrestling, the people at the very top made most of the money, and most people were paid relatively poorly. According to Honky, this is just the WWF years before he took off to WCW, he said and I quote "If he didn't make 20 million he didn't have a year and this went on for 15 years" then factor in all his WCW money the percentages of gates he got......the guy has to have a ton of jack.
|
|
AriadosMan
Bill S. Preston, Esq.
Your friendly neighborhood superhero
Posts: 15,620
|
Post by AriadosMan on Nov 28, 2007 10:30:51 GMT -5
How much did Hogan make a year? From what little I understand of the financial situation in pro wrestling, the people at the very top made most of the money, and most people were paid relatively poorly. According to Honky, this is just the WWF years before he took off to WCW, he said and I quote "If he didn't make 20 million he didn't have a year and this went on for 15 years" then factor in all his WCW money the percentages of gates he got......the guy has to have a ton of jack. Sounds about right, I know WCW ended up in a financial pit due to the gate percentage deals once business went down.
|
|
|
Post by GaTechGrad on Nov 28, 2007 12:17:34 GMT -5
Isn't Hogan's son over 18? If so, why would Hogan be liable for his son's crime?
However, it would be funny if Hogan got sued for everything, and ended up like Lex Luger.
|
|
AriadosMan
Bill S. Preston, Esq.
Your friendly neighborhood superhero
Posts: 15,620
|
Post by AriadosMan on Nov 28, 2007 12:37:45 GMT -5
Hogan isn't at fault for his son's accident.
|
|