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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. pinkgolem · · focus · HN ↗
        I mean, there are very valid reasons behind it.

        People are not expected to hold onto there documents forever, humans forget.. and change

        Figuring out what happened 3 years ago is hard, figuring out what happened 30 years ago is near impossible & often wrong

        1. lucideer · · focus · HN ↗
          This doesn't really seem like a valid reason & I suspect is misdirection.

          If this were the case, litigating these instances would simply end quickly due to lack of evidence. There would be no cause for such a statute in such cases.

          1. pinkgolem · · focus · HN ↗
            No, they would not, as one side could keep there evidence, so if after x years the opposite side has Destroit/lost/forgotten there evidence of the transaction you could "prove" something invalid

            Your comment strikes me like you never had any lawsuits?

            That is, btw, a thing that is already happening.

            One example is people leaving the church, the state deleting the evidence after 10 years, and the church asking for it after 11

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