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myLot reputation of 93/100. chaitra001 (596)   ranked 1,144 out of 38,167 in life3 months ago

Hi friends I read a real story of a lawyer who is very greedy and at last got nice punishment for his act.. This was mailed to me from a friend.. I would like to share this story with you all friends.. Please read the story and share with me what do you think about this..

Here the story goes...

A lawyer purchased a box of very rare and expensive cigars, then insured them against, among other things, fire. Within a month, having smoked his entire stockpile of these great cigars and without yet having made even his first premium payment on the policy the lawyer filed a claim against the insurance company.

In his claim, the lawyer stated the cigars were lost "in a series of small fires." The insurance company refused to pay, citing the obvious reason, that the man had consumed the cigars in the normal fashion.

The lawyer sued.. and WON!

(Stay with me.)


Delivering the ruling, the judge agreed with the insurance company
that the claim was frivolous.


The judge stated nevertheless, that the lawyer held a policy from
the company, which it had warranted that the cigars were insurable and also guaranteed that it would insure them against fire, without defining what is considered to be unacceptable fire" and was obligated to pay the claim. Rather than endure lengthy and costly appeal process, the insurance company accepted the ruling and paid $15,000 to the lawyer for his loss of the cigars lost in the "fires".

NOW FOR THE BEST PART..

After the lawyer cashed the check, the insurance company had him arrested on 24 counts of ARSON (Arson is the crime of deliberately and maliciously setting fire to structures or wildland areas.) With his own insurance claim and testimony from the previous case being used against him, the lawyer was convicted of intentionally burning his insured property and was sentenced to 24 months in jail and a $24,000 fine.

 
 
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tags:  greedy, lawyer, god
 
1. myLot reputation of 98/100. jonjee0203 (1655)   ranked 222 out of 38,167 in life   3 months ago

chaitra,

I studied this case in my law course. I think the case is from the UK. As the policy was not well worded, the crafty lawyer got away with it. The striking back was indeed fun where arson was used against the deliberate buring of the cigars for smoking pleassure. Good case.


myLot reputation of 93/100. chaitra001 (596)   ranked 1,144 out of 38,167 in life  3 months ago

Hi good to know that you have done the law course.. I was interested in law in my childhood days but some how my mind turned towards computers so I am s/w Engg now.. but still I have interest to know about law.. So I keep studing them.. this is one among them.. So I thought I will share with all mylot friends.. I think this case is from USA and also this case got some award also I think.. If I get further information I will let you know..

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2. myLot reputation of 92/100. dpk262006 (8896)   ranked 1,161 out of 38,167 in life   3 months ago

Hi Chaitra!
It makes an interesting read. The Lawyer was very crafty and shrewd and he took advantage of loop-holes in the policy of Insurance Company.


myLot reputation of 93/100. chaitra001 (596)   ranked 1,144 out of 38,167 in life  3 months ago

Hi Deepak yes.. but the insurance company was clever than the lawyer.. atlast he as to take what ever he deserved..


myLot reputation of 92/100. dpk262006 (8896)   ranked 1,161 out of 38,167 in life  3 months ago

There were lawyers in Insurance Company too....LOL!

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3. myLot reputation of 92/100. eshaan (2471)   ranked 340 out of 38,167 in life   3 months ago

nice story chaitra...greed is a very bad thing for human nature..to be satisfied with what we have is really the thing to be learned from your story...thanx for sharing it... happy


myLot reputation of 93/100. chaitra001 (596)   ranked 1,144 out of 38,167 in life  3 months ago

Hi eshaan happy to know that you enjoyed the story.. happy myloting..

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