TywinDeVillena
TywinDeVillena t1_j6lylbm wrote
Reply to comment by Stibley_Kleeblunch in J&J’s Talc Bankruptcy Case Thrown Out by Appeals Court by L_Cranston_Shadow
Here in Spain that action would be a crime called alzamiento de bienes (literally "uplift of goods") which is more or less conceptually equivalent to asset stripping.
Alzamiento de bienes is defined as the intentional hiding of property or assets, or intentional mismanagement, in order to obstruct creditors from being paid.
TywinDeVillena t1_j6ky730 wrote
Reply to comment by Showerthawts in J&J’s Talc Bankruptcy Case Thrown Out by Appeals Court by L_Cranston_Shadow
How in the fuck is that even legal?
TywinDeVillena t1_j1y4wiz wrote
Spoiler alert: Prices won't get lower.
Supermarkets and shops will keep the prices as they are, pocketing the difference. We have already seen something like this, when the VAT for cultural spectacles (theatre, cinema) got reduced and prices didn't move a bit.
TywinDeVillena t1_ixh9ac4 wrote
Reply to comment by artaig in Researchers in Galicia open 15th-century tomb to test Columbus link theory. Explorer is generally believed to have been born in Italy in 1451 but some argue he was in fact born in Spain by ArtOak
Columbus, like any good sailor or merchant at that day and age, could communicate in every language, but didn't speak any language well. Though there is no proof, it is a perfectly safe guess to assume he was fairly acquainted with "sabir".
TywinDeVillena t1_j6m67yr wrote
Reply to comment by Stibley_Kleeblunch in J&J’s Talc Bankruptcy Case Thrown Out by Appeals Court by L_Cranston_Shadow
I was sure the *alzamiento de bienes* was illegal since time immemorial, and just checked the Siete Partidas, a massive legal code from the 13th century, where such a thing can be found in Partida V, title XV, law VII:
How if a debtor alienates his goods in damage of those to whom he owed something, may that alienation be revoked.