Gray MountainBook - 2014 | First edition
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“Oh, you haven’t seen anything yet. They’ll threaten you in court, out of court, in the hallways, on the phone, by e-mail, fax, or in court filings. Doesn’t matter. They’re bullies and brutes, just like their clients, and for the most part they get away with it.”
“I don’t want to hear this, Jeff. Do you really want to spend the rest of your life in prison?” “I’m not going to.” “Famous last words.”
Chester said, “It’s a favorite trick in the coalfields. A company mines the coal, then goes bankrupt to avoid payments and the reclamation requirements. Sooner or later they usually pop up with another name. Same bad actors, just a new logo.”
it's legal because it's not specifically illegal.
we can have all the cheap energy we can eat. Every person in this country uses twenty pounds of coal each day.
“No, nothing is guaranteed. Frankly, no one is smart enough to predict where we’ll be next year. We’re in the middle of an election, Europe is going to hell, the Chinese are freaking out, banks are folding, markets are crashing, nobody’s building or buying. The world’s coming to an end.”
“Okay, litigation funders are private companies that raise money from their investors to buy into big lawsuits. For example, let’s say a small software company is convinced one of the big guys, say Microsoft, has stolen its software, but there’s no way the small company can afford to sue Microsoft and go toe-to-toe in court. Impossible. So the small company goes to a litigation fund, and the fund reviews the case, and if it has merit, then the fund puts up some serious cash for legal fees and expenses.
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