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DrawingDead
DrawingDead
Joined: Jun 13, 2014
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November 21st, 2017 at 5:50:42 PM permalink
deleted - because problem whacked & taken to unmarked grave, as requested
Last edited by: DrawingDead on Nov 21, 2017
I've had many years that I was not so successful as a player, as it is a game of skill. -Casey Stengel
NokTang
NokTang
Joined: Aug 15, 2011
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November 22nd, 2017 at 1:48:34 AM permalink
Quote: thefish2010

But if I'm not mistaken, Nevada law prohibits them from simply tearing up the markers.



It may be a matter of taking the loss as a deduction on net income. You can't simply call something a bad debt and write it off without proof you attempted to collect it. After all, the win shows as income/revenue. Casino's may operate differently but they are in fact audited, especially machines. So they claim anyhow.
MrV
MrV
Joined: Feb 13, 2010
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November 22nd, 2017 at 7:35:18 AM permalink
I suspect that "the best" lawyers and law firms may pass on representing litigants involved in the massacre, as a substantial amount of money will have to be advanced by the firms for investigation and discovery, and there is at best a very scant prospect of payback due to a seeming lack of liability against target defendants.
"What, me worry?"
FleaStiff
FleaStiff
Joined: Oct 19, 2009
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November 22nd, 2017 at 8:44:15 AM permalink
I wish someone would take my posts to an unmarked grave.

Don't underestimate what lawyers will do for even the chance of a buck.

Back when Chicago street cars were a nickel one lawyer accepted his fee of five thousand nickels and pleaded his client not guilty.
boymimbo
boymimbo
Joined: Nov 12, 2009
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November 22nd, 2017 at 9:03:26 AM permalink
Quote: NokTang

It may be a matter of taking the loss as a deduction on net income. You can't simply call something a bad debt and write it off without proof you attempted to collect it. After all, the win shows as income/revenue. Casino's may operate differently but they are in fact audited, especially machines. So they claim anyhow.



His debts of course are piled up in his "estate" and are paid in order of credit importance. So a bankruptcy court would put his debt to the casino probably behind any liens on real property and ahead of credit cards and other debts. I am sure that the casino's language in their marker contracts probably are built that way to make the debt collectible in the case of the debtor's demise.

As for reasonable attempt, an auditing company will do spot checks or look at big accounts and more importantly match the bad debt policy to what they state in their public records and ensure that their policy meets legal standards. A marker the size of the shooter's might pass right by the auditor's. As an auditor, I might be curious, but I wouldn't necessarily pick out that account to ensure collections were properly attempted. Typically an auditing company will look for "what makes up that balance", pick out a few examples, look at the collection attempts, and leave it at that).
----- You want the truth! You can't handle the truth!
MidwestAP
MidwestAP
Joined: Feb 19, 2012
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November 22nd, 2017 at 9:06:37 AM permalink
Quote: Mission146

It's disgusting. Any lawyer that touches such a tragedy in any way should be working pro bono, unless they're defending AGAINST a civil suit, of course.



Why should a lawyer work pro bono on this case? Just because it is a mass killing that is highly publicized and scrutinized? If it was a single victim shooting that only made the back pages of newspapers (do they still print these things anymore?), is it any less tragic to the victim and their family? For a lawyer who represents the victims, this can be a time consuming and difficult case to take on, I don't understand why they should take it on without expectation of compensation.
Rigondeaux
Rigondeaux
Joined: Aug 18, 2014
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November 22nd, 2017 at 1:32:13 PM permalink
Quote: MidwestAP

Why should a lawyer work pro bono on this case? Just because it is a mass killing that is highly publicized and scrutinized? If it was a single victim shooting that only made the back pages of newspapers (do they still print these things anymore?), is it any less tragic to the victim and their family? For a lawyer who represents the victims, this can be a time consuming and difficult case to take on, I don't understand why they should take it on without expectation of compensation.



I agree. Plus these victims already have a massive relief fund. There are better spots to go pro bono.
gamerfreak
gamerfreak
Joined: Dec 28, 2014
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November 22nd, 2017 at 4:20:21 PM permalink
Quote: Rigondeaux

I agree. Plus these victims already have a massive relief fund. There are better spots to go pro bono.


Pro boner work is almost always self serving.

Beyond the publicity, he wants to be able to tell future clients that he was the guy who represented victims of that mass shooting.
Ibeatyouraces
Ibeatyouraces
Joined: Jan 12, 2010
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November 22nd, 2017 at 4:23:43 PM permalink
I'd like to see some sort of law limiting these ambulance chasing lawers from spamming my tv!
ChesterDog
ChesterDog
Joined: Jul 26, 2010
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November 22nd, 2017 at 4:34:46 PM permalink
Quote: Ibeatyouraces

I'd like to see some sort of law limiting these ambulance chasing lawers from spamming my tv!



There used to be a law against lawyer TV commercials. See https://www.mprnews.org/story/2007/07/05/lawyer_advertising.

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