Why do rich people love litigation so much? Ever sat back to wonder why? They simply sue or get sued. It’s like they live in worlds with diverse legal systems. However, a lawsuit is a big deal to an average guy, but it’s just a typical Tuesday for these rich men. Now, do I need to ask if settling is cheaper than paying the original bill?
Take Donald Trump for example; he’s had more lawsuits than hot meals and been dragged to court by everyone from vendors whom he didn’t pay to disputes involving real estate deals. It looks like his favorite sport. Why should you pay a contractor when you can carry on endless court battles against them? It’s bargaining with lawyers.
And while we’re on the subject of lawyer’s fees, let’s discuss Michael Kassan here. This guy, it seems, has spent more time with lawsuits than any character on Law & Order ever could have. Imagine having both unpaid debt cases and former business partners suing you all the time; how does he even manage running his company? As for PPP loan mess up… 40 grand borrowed yet just sold your firm for millions! It would be akin to me asking for a discount on my cup of coffee because I forgot my wallet in another pair of pants.
Then there is Elon Musk. Oh Elon! Alongside his Twitter posts that have landed him into legal problems and being sued by cave rescuers, one wonders if this self-driving car maniac gets enough time left over to send rockets into space anymore?! When one wants Mars as home, some few cases are part of the package. But how can one person be sued in several ways at once? Almost amazing!
Harvey Weinstein comes next in line of discussion point. Weinstein took “legal troubles” to an extreme level; unlike other business executives whose lawsuits were mostly about money or corporate matters only. They had something darker behind them though. Thus, wealthy people also fight criminal suits not just by virtue of their pockets alone but owing to the wider world events.
Lastly, let us consider Martin Shkreli. Remember Pharma Bro? Well, he decided one day that increasing the price of a life-saving drug by 5,000 percent was a genius move. In due course, he found himself in jail. And even after being convicted for securities fraud, he appeared to care more about his fame than the actual prison time. It’s as if he is living in his own reality show where he is the star and the court room is just another setting.
Now what causes this? Why are these rich people always getting themselves into legal trouble? Is it because they break more rules or simply resources that can be used to fight every battle regardless of its magnitude? By settling however, does it mean that it saves money or it’s just a means to sweep under cover without admitting liability?
It is difficult to say for certain. But of course, one thing’s obvious: when you are wealthy, the rules appear different in this game. Lawsuits are now devoid of sense and rather represent plans and discussions in a particular way. It’s like a chess contest between lawyers instead of knights and rooks.
The rest of us can only wait and see how these legal tussles will pan out. Will the rich and mighty keep on having their disputes determined by courts or they shall find another means of settling their scores? Only time will show. Nevertheless, there is always something happening whenever there is an encounter between wealth and lawsuits.
