What can we do?

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   Just for grins and giggles, lets say you win a $100,000,000.00 judgement against the city.  Now never mind the award of $100,000,000.00 who is actually going to pay your lawyer fees of say 1/3 or $33,000,000.00 or whatever the agreed amount in lawyer fees would be.  Is the city insured for that much or will we the taxpayer end up footing the bill.

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Pacman Members Profile Send Private Message Find Members Posts Add to Buddy List Prominent MUSA Citizen Joined: Jun 02 2007 Status: Offline Points: 2612	Post Options Post Reply Quote Pacman Report Post Thanks(0) Quote Reply Posted: Feb 12 2010 at 11:31am
	Just for grins and giggles, lets say you win a $100,000,000.00 judgement against the city. Now never mind the award of $100,000,000.00 who is actually going to pay your lawyer fees of say 1/3 or $33,000,000.00 or whatever the agreed amount in lawyer fees would be. Is the city insured for that much or will we the taxpayer end up footing the bill.

acclaro Members Profile Send Private Message Find Members Posts Add to Buddy List Prominent MUSA Citizen Joined: Jul 01 2009 Status: Offline Points: 1878	Post Options Post Reply Quote acclaro Report Post Thanks(0) Quote Reply Posted: Feb 12 2010 at 10:28pm
	The taxpayer would be the plaintiff and would benefit in the award of damages were awarded. I believe the premise Mike Presta stated was a class action suit. no, the taxpayer would not be billed on a loss to the city. That isn't covered in an ordinance to raise taxes to 20%. Yes, the city would have an insurance policy against loss, and I'm sure it has a specified amount. I;d assume many residents would be happy to settle at the maximum level in the policy wouldn't you? I doubt if this would ever get off the ground. Too many in Middletown prefer to be run over the city.