The writer was awarded $83.3 million for his defamation. Now, she will have to figure out how to use it.
          • gregorum@lemm.eeEnglish
            2·
            5 months ago

            sorry I didn’t answer before— I don’t know why 120%.

            edit: according to some others who have answered this: it’s to cover any interest which might accrue during the appeal process.

              • gregorum@lemm.eeEnglish
                2·
                5 months ago

                oh, no I felt bad that I didn’t answer the last person who asked because I got confused.

                is it to cover interest? one would think that the holding institution would do that, but it makes sense that that shouldn’t be the ones responsible in a trust/escrow situation. I thought it might be a court fee situation, but a percentage amount wouldn’t make sense for that.

                thanks for doing the research!