5 ms·

That's a possibility. https://zh.wikipedia.org/wiki/%E9%83%AD%E5%88%A9 https://zh.wikipedia.org/wiki/%E9%83%AD%E5%88%A9 http://www.chinadaily.com.cn/china/201

That's a possibility. https://zh.wikipedia.org/wiki/%E9%83%AD%E5%88%A9 https://zh.wikipedia.org/wiki/%E9%83%AD%E5%88%A9 http://www.chinadaily.com.cn/china/2017-05/19/content_29410813.htm http://www.chinadaily.com.cn/china/2017-05/19/content_294108... A case of Chinese toxic baby formula, the company contacted the father after having reached a settlement, to offer him another deal, reportedly 500k dollars, the meeting was recorded, used as evidence in extortion lawsuit against him in the company's local court. The father was jialed for 5 years before exoneration.

spacemanmatt 7y ago
Some guy tried to over-settle with my dad the same way once, and he refused it, but also later found out the guy had a reputation for offering these ridiculous deals then suing for usury.
- AFascistWorld 7y ago
  The sum is not small at the time, but it's his baby daughter poisoned along with thousands of others. After their initial settlement of around 60k, the story never ended as other cases came into public attention, so the company wanted to end it as it was at the crucial stage of going public, they can be heard at the beginning of the recording saying "Must get him", but nonetheless, the court in the city where the massive company located ruled him guilty.
- 77pt77 7y ago
  > suing for usury Is this a thing? Are we in biblical times?
  - andrewem 7y ago
    Many states have laws on maximum interest that can be charged, though at this point there are so many loopholes they basically no longer have any effect. https://statelaws.findlaw.com/consumer-laws/details-on-state-interest-rate-laws.html https://statelaws.findlaw.com/consumer-laws/details-on-state...
    - spacemanmatt 7y ago
      Obviously it's been a while, but the local business calculation I observed was, it was always better to not be sued than to be sued. And if the suit was unavoidable (e.g. guy is just nutso-litigious) it's better to have declined all business with him in the first place.

spacemanmatt 7y ago

Some guy tried to over-settle with my dad the same way once, and he refused it, but also later found out the guy had a reputation for offering these ridiculous deals then suing for usury.

AFascistWorld 7y ago
The sum is not small at the time, but it's his baby daughter poisoned along with thousands of others. After their initial settlement of around 60k, the story never ended as other cases came into public attention, so the company wanted to end it as it was at the crucial stage of going public, they can be heard at the beginning of the recording saying "Must get him", but nonetheless, the court in the city where the massive company located ruled him guilty.
77pt77 7y ago
> suing for usury Is this a thing? Are we in biblical times?
- andrewem 7y ago
  Many states have laws on maximum interest that can be charged, though at this point there are so many loopholes they basically no longer have any effect. https://statelaws.findlaw.com/consumer-laws/details-on-state-interest-rate-laws.html https://statelaws.findlaw.com/consumer-laws/details-on-state...
  - spacemanmatt 7y ago
    Obviously it's been a while, but the local business calculation I observed was, it was always better to not be sued than to be sued. And if the suit was unavoidable (e.g. guy is just nutso-litigious) it's better to have declined all business with him in the first place.