Baltimore’s Francis Scott Key Bridge collapsed after being hit by a cargo boat.

[sdifox]

How many years? How much will the lawyers get?

U.S. sues Dali ship owner and operator for $100 million over Baltimore bridge collapse​

“The ship’s owner and manager … sent an ill-prepared crew on an abjectly unseaworthy vessel to navigate the United States’ waterways,” the Justice Department says in its new civil claim.

Only 100M?

 

[brycejones]

Only 100M?

In actual damage for the cleanup costs. Additional punitive damages to be named later.

The state will be the one suing for the bridge replacement costs. Which will be in the billions.

 

[Lost_in_the_HTTP]

What the company spends on lawyers won't be available to pay for damages and compensate victims.

 

[iRONic]

What the company spends on lawyers won't be available to pay for damages and compensate victims.

Zero fucks given because it's not germane to any charges the state brings, how much the company has to pay to defend itself, or any monetary judgments or punitive awards to victims or the State.

 

[brycejones]

What the company spends on lawyers won't be available to pay for damages and compensate victims.

Not sure if serious.

 

[Pens1566]

Legal fees should be a rounding error of the amount of total liable damages.

 

[manly]

Zero fucks given because it's not germane to any charges the state brings, how much the company has to pay to defend itself, or any monetary judgments or punitive awards to victims or the State.

As a fiscal matter, whether taxpayers have to ultimately foot the bill has some importance. But it doesn't change the calculus of whether to bring charges or file a civil lawsuit.

A corporate "death penalty" should be on the table more often IMHO for the most egregious errors. Just as a random example, the Equifax data breach years ago should either have resulted in unprecedented financial penalties OR that company ceases to exist. A BS settlement hardly discourages future fuck ups.

One of the few times a company was shut down was when Arthur Andersen had its audit licenses revoked, for being completely complicit with Enron's financial engineering.

 

[manly]

Ship's owner and operator have agreed to pay $100M to resolve a civil lawsuit.

https://www.cnn.com/2024/10/24/politics/justice-department-settlement-baltimore-bridge-collapse/index.html

 

[BoomerD]

Ship's owner and operator have agreed to pay $100M to resolve a civil lawsuit.

https://www.cnn.com/2024/10/24/politics/justice-department-settlement-baltimore-bridge-collapse/index.html

But, the way I read it, that's just to help defray the Fed's costs in dealing with the collapse...NOT the actual collapse and related costs. That's supposed to be somewhere north of $1.5 Billion.

 

[Brovane]

Update on the NTSB report on the incident from "What's going on with Shipping?"

https://www.nbcwashington.com/news/...ebuilding-collapsed-baltimore-bridge/4017368/

Cost to replace the bridge is now at $4.3B-$5.2B.

 

[uallas5]

Update on the NTSB report on the incident from "What's going on with Shipping?"

https://www.nbcwashington.com/news/...ebuilding-collapsed-baltimore-bridge/4017368/

Cost to replace the bridge is now at $4.3B-$5.2B.

Thanks for posting that...it had popped up in my feed but I hadn't gotten around to watching it and now I'm glad I did. Great, thorough and easy to understand explanation of what happened. A cascade of events that happened in the worst possible location (that part of the channel and that close to the bridge). All started by one loose wire connection out of the thousands in the engine control room.

 

[KMFJD]

Update on the NTSB report on the incident from "What's going on with Shipping?"

https://www.nbcwashington.com/news/...ebuilding-collapsed-baltimore-bridge/4017368/

Cost to replace the bridge is now at $4.3B-$5.2B.

so it's going to cost min 7-8 billion when time comes to actually rebuild it

 

[trenchfoot]

so it's going to cost min 7-8 billion when time comes to actually rebuild it

Rhetorical question: I'm wondering if us taxpayers are going to foot the bill.