Wednesday, December 24, 2008

THE US$54 MILLION PAIR OF PANTS.

This is a horror story that is beyond believe and for anyone who is unlucky to meet such a T-Rex who would not only want to devour you but all your next generations .

How a Korean American couple who ran a dry cleaning business in the US were put out of action by a ˜frivolous˜ law suit in the US.

The story began in 2005 when Washington DC Administrative Law Judge Roy Pearson sued Mr Jin Nam Chung and Ms Soo Chung for US$67m after they misplaced his pants.
The pants were later found.

The Chungs successfully defended themselves in the US$54m suit. But they now owe about US$100,000 in legal costs.

In the US , it is the country of litigations. You sue me and I can sue you to claim the insurance money.

They were Korean immigrants who thought of going to US or their dreamland to make their fortunes. It was unfortunate or bad fortune that they met this judge and who sued them for whatever they were worth for the loss of his pant.

This pant would probably not worth much.His pants was misplaced and later found , but this judge was baying for his blood. What kind of person would do that?

If you lose your pants, the owner will pay you back in cash . That would have been the end of the matter. This man's anger was so high that he would not settle unless the Koren paid him in millions for that single pant. When they could not agree, he sued him.

Mr. Chung won but the legal cost was so astronomical and he had given up his business because of this lawsuit. This judge destroyed Mr. Chung.For one pant ,Mr.Chung had to pay US$100K , and also the human cost which cannot be calculated in monetary terms.

They have lost countless nights of sleep to aggravation and worry. I wonder why he never sued the judge to recover the cost of the legal suit.

Because of just one missing pant, if you were to meet a man like this judge, you will be bankrupt for life. This is the USA.The land of dreams but also rattlesnakes .

This case shows what happens when someone has learned too much and has a warp sense and thinks all others are stupid.

1 comment:

lunaticg said...

Hi!
what a sad story but I also want that kind of pants for sale, of course. See you around.

Nuffnang

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The road to eternity is never ending and as we travel on this journey through Earth, we should enjoy each day as it comes .It is not about who you are but what you can do to enrich others life. "To know God is love" blog was created on 29th. June 2009

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