How does that work: He got awarded the money but can't collect it?
Re:I am an Uber survivor
by techdragon on Tuesday February 28, 2017 @04:15AM
(#13752432)
Between appeals and that verdicts won't normally contain anything about how promptly payments must be made, things can drag on a while, then there's the simple honest stuff like, "the whole board must meet to approve expenditures over $X" and the settlement will be over that $X.
That's completely typical in the US court system. Winning a judgment is completely separate from actually collecting that judgment, and entails extra legal work to go after the assets of someone who refuses to pay the judgment.
When Peter Thiel says "single digit millionaires have no effective access to the legal system" [1] on the surface that sounds laughable and out-of-touch but I think there's a lot more truth to this than most people would like to admit.
[1] http://www.businessinsider.de/peter-thiel-hulk-hogan-gawker-...