LAW 122 Lecture Notes - Lecture 2: Dan Bilzerian, Professional Negligence In English Law, False Imprisonment
Document Summary
Tort: failure to fulfill a private obligation imposed by law. Judgement proof individual is when person can"t pay the damages (the unemployed mugger) Dan bilzerian: rich guy got sued, opposite of judgement proof, they become a walking. Plus, you"ll be paying more in law fees than you would get. English law loser in tort law has to pay their legal fees and a portion of the other sides legal fees only people who win in law suits is the lawyers. Tort law: every sort of private law wrong outside of breach of contract. Social purpose - discourages people from committing private wrongs by requiring them to compensate and restore the wronged party: ex. Don"t interfere with another"s property, don"t take people"s stuff, respect physical integrity, don"t damage reputations by lying, don"t interfere with contractual relations, use reasonable care, respect freedom of movement. When you breach one of the duties, you commit a tort: ex.