Posted on 01/15/2008 9:36:02 PM PST by Turret Gunner A20
Disgraced Duke prosecutor lists $180M in liabilities
A summary schedule from Nifong's Chapter 7 petition can be found below. Almost all of that sum represents legal claims filed against the former Durham County district attorney by members of Duke's 2006 lacrosse team, including the three players who were accused of raping a stripper at a team party. Included among Nifong's assets are a 2003 Honda Accord, about $9000 in personal property, and his $235,000 home. He lists nearly $5000 monthly in pension or retirement income and describes himself, charitably, as retired.
snip
(Excerpt) Read more at thesmokinggun.com ...
Morally bankrupt too.
Super!! I sincerely hope that Johnny Sutton will be next!
Pulling an O.J. Simpson to protect what he has left?
Morally bankrupt.....my immediate thought as well.
Oh - they mean FINANCIALLY bankrupt. I was wondering why this was breaking news ....
Preemptive move to save anything he can from sure-to-come lawsuits.
$180 Million in liabilities? With a 2003 Honda and $250K house? Something ain’t right here.
I can’t say that I am an expert on the case that felled the poor fish, but people in power with race cards secreted about their sleeves deserve what they get when they play them.
Sometimes when you attempt to screw the pooch, the pooch screws back.
Mocking Nifong on YouTube. This is the most watched video I created for YouTube - http://youtube.com/watch?v=bCW9POHFWQU
$5K per month public pension. Pretty sweet. Wish I could retire on the public dime to that tune.
Perhaps Nifong was confusing himself with the OJ Simpson jury. IAC, it couldn’t happen to a more deserving guy.
All he should be left is the amount allowed by federal guidelines for the poverty level...and that would be too kind.
As terrible as this whole thing was, hopefully it will serve as a warning to other scum prosecutors and others in such power positions.
Serves the a##hole right.
Logical, but I just don’t see how this (non-current possible intangibles and possible future liabilities) can be claimed on current Chapter 7 filing.
COOL!
If he were sued by the players and had a judgment against him... would they be able to tap into part of his pension payments?
They can be. They are current claims based on torts committed in the past. So the claim exists. It just hasn't been finally adjudicated.
In fact, if the bankruptcy judge wants, he can try the claims in his court. I have tried ordinary contract claims before a bankruptcy judge.
Disclaimer: Opinions posted on Free Republic are those of the individual posters and do not necessarily represent the opinion of Free Republic or its management. All materials posted herein are protected by copyright law and the exemption for fair use of copyrighted works.