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Owed a billion dollars in Nvidia stock

1091 points · 458 comments · Eric_Gullichsen

  1. bambax · · focus · HN ↗
    > Here in the land of the free, it turns out a company only has to honor its contractual obligations for a little while.

    Eceryone everywhere appears to hate statuses of limitations, but they exist for a reason, namely that after some time society needs to move on. It may be disappointing, or even cruel, for the victims, but we can't keep litigating the past forever.

    Espescially so in the "land of the free" which is the land of lawyers and lawsuits.

    1. lucideer · · focus · HN ↗
      > we can't keep litigating the past forever

      It's worth pointing out this reasoning is usually considered self-evident. I've rarely seen anyone doing any kind of deepdive into a practical reason for this.

      1. defrost · · focus · HN ↗
        There are only two broad outcomes, either things stay as they are, or much of the US is returned any remaining descendents of various treaty signatories.

        The first is effectively a waste of time, the second a messy descent into hell on all sides.

        1. lucideer · · focus · HN ↗
          > a messy descent into hell on all sides

          Certainly messy & certainly hellish for some. For "all sides" though? I guess maybe if we're counting the fact it would paint a large target on the back of any beneficiaries.

          1. defrost · · focus · HN ↗
            In the hypothetical .. the infighting between those who are "tribe" V "not tribe" and proportioning any cash value carve outs alongside custodial issues of the land etc has the potential to be a bunfight - such issue already exist.

            Moving away from native title, there are also many "peppercorn leases" bequeathed to various cities about the globe - large parks carved out from once larger farming estates, now fully urbanised and embedded within a sea of million dollar lots and apartments.

            Should anyone sue over the park land no longer being a pure park (for example) or for petty reasons of "peppercorn" rent not being paid (ie violation of the terms of the gift to the city), the park would be returned to the rightful descendants .. an army of (say) fourth and fifth generation offspring all at odds for recognition and weighting and a piece of very valuable real estate.

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