The Economics of a Commune in the Ozarks

Re:The Economics of a Commune in the Ozarks by barry-cotter on Tuesday October 09, 2018 @02:27AM (#18173741)

IANAL but isn’t that a right to have a lawyer if you can afford to hire one? I know you’re not going to be provided with a lawyer at the state’s cost in civil cases though that’s not true in criminal cases. If you can’t afford one you’ll get a public defender. IIRC Peter Thiel said that if you have less than $100 million your access to the courts is more theoretical than actual. Hulk Hogan certainly couldn’t have afforded to bring Gawker down by himself and it’s not like he’s poor.

Fix: Allow people to sell, or sell shares in, their right to sue.

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Re:The Economics of a Commune in the Ozarks by dmurray on Tuesday October 09, 2018 @05:27AM (#18174436)

This already is allowed in many places, including "most US jurisdictions" according to Wikipedia[0]. There's even a YC company that does it, which was discussed here when they were looking to fund lawsuits against Equifax[1]. The practice is called champerty or litigation funding.

The fact that this is not more popular suggests that litigation is not efficient for the rich, either. In the end it only enriches the lawyers.

[0] https://en.m.wikipedia.org/wiki/Legal_financing [1] https://news.ycombinator.com/item?id=15249825

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Re:The Economics of a Commune in the Ozarks by codetrotter on Tuesday October 09, 2018 @02:58AM (#18173845)

I didn’t even know Gawker shut down, but apparently they did since 2016.

https://en.wikipedia.org/wiki/Bollea_v._Gawker

http://gawker.com/how-guilty-should-i-feel-1785565192

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