On quantum interferometer, I’ve always wondered if you could use it for navigation in space. Say you send a probe to another system. Navigating the uncharted system with precise gravity measurements that also expose its kinematics would be handy.
10kW on the roof and a Sanden heat pump hot water set to only run 9-5. I get credit from the Energy Australia for all the summer months which I spend on on the AC heat pump in winter. 25 year warranty on the panels and 20 on the micro inverters. The economics stack up.
Sanden do seem to be the recommended option for this. The problem is if you have a functional gas, the economics rarely stack up to change. If I knew for sure the Sanden would last 10 years yes, but unlike very simple gas water heaters, heat pumps have a disturbingly high failure rate.*
*At least that was the way it seemed from my research, similar situation 6.66kw solar on roof, functional gas hotwater. We do have both Gas and Heat pump house heating/cooling. Heat pump is much cheaper, gas is much faster, even running the largest size possible ducted heat pump split system. I have the gas warm the house from 6am to 8am, then heat pump take over for the rest of the day.
A Chapter 11 is a filing for reorganization of debt, to keep the business alive and pay creditors over time, often at a discount and privileging some debtors over others.
Even within traditional US Bankruptcy codes, there could instead be a Chapter 7 liquidation bankruptcy. In which the company is simply (or not so simply) liquidated and all assets used to pay creditors. Purdue pharma isn't a public company. I'm not sure how to look up it's net worth.
The Sacklers will of course prefer whichever will lose them the least money.
That's before we start talking about the ways in which a company's owners can indeed legally be liable for the company's fraudulent or criminal behavior, and long before we start talking about the guillotines.
> "Piercing the corporate veil" refers to a situation in which courts put aside limited liability and hold a corporation's shareholders or directors personally liable for the corporation’s actions or debts.
Yeah this. I really wish there was some way to sentence these billionaires to the middle class for the rest of their lives. Some sort of "external" prison where their net worth is held to that of the median net worth of the OMB's "middle class" range.
You mean everyone convicted of criminal misconduct? Or everyone everyone? Feel the latter would do more harm than good. The opportunity to become wealthy it a tremendous motivator.
Purdue is already convicted of a felony. You shouldn't be able to declare bankruptcy to dissolve damages from a felony and felony conviction of company should hold directors accountable for damages.
While it’s unfortunate bankruptcy code wasn’t designed for these edge cases, I’m optimistic about how a court will handle this. Even more so about criminal charges that will likely include a prison sentence due to the amounts involved and clear intent.
Oh yay!!! I was super nervous giving that talk, but I do love side projects.
This one is a mix. I have a side project running an Instagram account so had seen first hand a lot of the needs you run into with a single link in bio, plus all the different neat linking solutions (shout out to another Australian company - Linktree!).
So when it came up in Dec that we were thinking of an angle on the website market, and our marketer suggested we think about Instagram, it all clicked.