People are kept in prison without a conviction, for not affording bail. Owing a thousand times the lifetime earnings of other people should at the very least mean all your accounts and holdings are frozen, and you can’t spend anything without getting independent approval every time.
The settlement payout is on hold pending his bankruptcy case is why they haven’t done something like this. However, lawyers for the families are in fact trying to have his assets placed in a trust or have the bankruptcy case cancelled outright because of his spending. By design it’s a slow, complicated process where Jones has lots of legal (and illegal) avenues to delay paying. Fortunately Jones is so stupid and outlandish that he’s likely hurting his own case so I wouldn’t be surprised if a judge slaps him with more severe sanctions.
People are kept in prison without a conviction, for not affording bail. Owing a thousand times the lifetime earnings of other people should at the very least mean all your accounts and holdings are frozen, and you can’t spend anything without getting independent approval every time.
The settlement payout is on hold pending his bankruptcy case is why they haven’t done something like this. However, lawyers for the families are in fact trying to have his assets placed in a trust or have the bankruptcy case cancelled outright because of his spending. By design it’s a slow, complicated process where Jones has lots of legal (and illegal) avenues to delay paying. Fortunately Jones is so stupid and outlandish that he’s likely hurting his own case so I wouldn’t be surprised if a judge slaps him with more severe sanctions.
The fact that he can simultaneously have a bankruptcy case and spend nearly six figures in a single month is absolutely infuriating.
its almost like our bankruptcy system is built by rich people for rich people.
Yes, at very least that!
They should put him under a conservatorship.