Ammonium Nitrate Was Cause of Texas Explosion, State Agency Says

[sofa king]

13. With virtually no liability coverage, it's a race against time.

The company itself is unlikely to survive the legal fallout, but the company is just a shield for the individuals who already got rich cutting corners.

That explosion probably blew out eardrums on the other side of town, and must have damaged dozens of homes and businesses and hundreds of cars. Probably hundreds of millions in damages, when all the suits are filed.

I'm sure the owners will find a way to liquidate most of the company's assets and drop them into a legal defense fund while giving themselves a 200% raise for the decade-long duration of the trials.

Then when the first round of decisions comes down against them, the company will declare bankruptcy and the perps will walk away richer than they would have been had the explosion not happened, while the victims get nothing. I cite generally the meat-packing, tobacco, oil, and pharmaceutical industries as prior examples of how to get rich and escape personal liability while running out the clock and waiting for the aggrieved to grow old and die.