Almost no chargeback will ever go to arbitration though. So it's not like this new fee is the reason behind the change. Patrick Collison is (probably) just exploiting his position in the market to squeeze more money out of merchants.
I sure wish there was more competition in the payment marketplace. During the early Stripe years, I thought Patrick would be above this nonsense (even without competitive pressure). Not so!
I think it's more about running up the legal bill of the defendant. It costs virtually nothing to include a spurious claim in a complaint (it can literally be a sentence or two). The defense has the burden of getting the weak claim dismissed with pages and pages of arguments (because they don't want any chance of it slipping through).
The bar for a "shotgun" complaint is way too high in the legal system.
I would agree. I'm the defendant in a (frivolous) trademark infringement case and my firm (which does work for the EFF) averages about 2 hours per (substantial) page, at a rate of $500/hour. I do wonder in the back of my mind if I'm being taken to the cleaners...
I have a limited experience, only having been involved in one trademark case professionally and am not a lawyer, but this was a case that very quickly settled and fees were still close to $30,000.
Small businesses do not routinely send pennies to the UAE. Countries do not have unlimited resources to chase after you. The law cannot be universally enforced, so the government has to pick and choose its battles. And they aren't going to bother with you. You need to be concerned about the tax law in the country you reside and have citizenship.
And/or/but do remember to never go to that country, because it won't be fun to be picked up from the airport on a Friday evening and be locked up until Monday morning when the tax office will be open.
Do you have a specific case or are you making that up? Apart from the fact that they probably don't have his passport, authorities usually don't follow through few digits liabilities using "arrest at airport".
Most companies that do home AND auto will offer it. The trick (not really a trick) is that the umbrella can ONLY be added after you maximize coverage on home and auto.
Check the bogleheads forum for discussions on insurance.
> the umbrella can ONLY be added after you maximize coverage on home and auto.
This isn't universally true - I have an umbrella policy with USAA. They require me to have a minimum of coverage on my home and auto to have the umbrella policy, but it's not the maximum they offer. It's a couple tiers down.
Of course, the price for the umbrella policy might depend on your home/auto coverage.
Chubb - you need to go through a broker and I should note i also have homeowners insurance that has some liability coverage which I suspect also influences the umbrella rate - just find a broker that sells Chubb/aig/natgen/travelers that cater to high net worth individuals (you don’t need to be one! I had a renters insurance policy from Chubb right out of college) But those policies tend to be more customizable - and my experience is that they’re more inclined to pay claims
If you are the target of automated copyright trolling, inspect your server logs whenever you get a notice. Some troll bots will (surprisingly) use an honest HTTP user agent so you can easily block it.
Of course, one can easily argue that knowingly blocking user agents that are entirely legal themselves, in order to prevent being caught violating copyright, is an entirely new crime.
(Remember that this site is considered a publishing business, they don't have the same luxuries when it comes to blocking visitors that individual have)
I'm assuming by honest they mean it explicitly states "Image Enforcement Bot" or similar - so it can be filtered out with very minimal risk to real users
I sure wish there was more competition in the payment marketplace. During the early Stripe years, I thought Patrick would be above this nonsense (even without competitive pressure). Not so!