The sixth richest man in the country owns the company whose negligence caused this disaster. Why on earth would Denmark accept the company filing for bankruptcy and leaving the government holding...
The sixth richest man in the country owns the company whose negligence caused this disaster. Why on earth would Denmark accept the company filing for bankruptcy and leaving the government holding the bag?
You are right, it's indefensible. And as a Dane it's certainly not my impression that the people of Denmark accept it at all - this is pretty big on our social media. The state of Denmark though...
You are right, it's indefensible. And as a Dane it's certainly not my impression that the people of Denmark accept it at all - this is pretty big on our social media. The state of Denmark though has little recourse as he hides behind his many companies and the law
I wouldn't think so, however I don't know enough about it to say for sure. The only times the government truly takes action and actually works quickly are even bigger things like the pandemic or...
I wouldn't think so, however I don't know enough about it to say for sure. The only times the government truly takes action and actually works quickly are even bigger things like the pandemic or Ukraine, so I doubt this is big enough for them to start changing the laws - which is of course extremely complicated. But this is in the news every day and the prime minister even went to see the site, but that might just be PR stuff.
I suppose it's similar to the US, companies = people... this billionaire anyway, as far as I'm aware, is not legally liable by himself. Just the company. So yeah, government/parliament would have to make a lot of exceptions to actually do anything about it to avoid holding the bag, as you said.
Let me get this right, they piled a LOT of contaminated soil on a CLAY SLOPE and ignored evidence of sliding since 2021? Then the shareholders pulled the typical "it'll cost us less to just...
Let me get this right, they piled a LOT of contaminated soil on a CLAY SLOPE and ignored evidence of sliding since 2021? Then the shareholders pulled the typical "it'll cost us less to just bankrupt out of this and then it'll be someone else's problem"? ...wow.
I would assume knowing of the hazard and ignoring it for 3 years wouldn't allow bankruptcy to get them out of this. There's pictures of a road going from straight to bowed because of the sliding over several years, there's just no way they didn't notice it.
I'm curious, does Denmark require an engineer to approve creating a landfill (I'm assuming it's some sort of landfill)? I would think between the clay soil and sloping toward a town, something would have raised some red flags of possible future issues.
The case is still rolling with new information every day, but it also seems the local administration has been neglecting on their oversight duties. Giving permits on dubious grounds and ignoring...
The case is still rolling with new information every day, but it also seems the local administration has been neglecting on their oversight duties. Giving permits on dubious grounds and ignoring warnings.
The whole company also seems shady in its general business operations. They claim to clean contaminated dirt but in practice have been piling millions of tons but over the years only like 100.000 tons have been going out of the "cleaning" factory.
Absolutely ridiculous. We need to stop using just monetary damages when dealing with situations like there. There needs to be charges for negligence, and CEOs need to start being charged in...
Absolutely ridiculous. We need to stop using just monetary damages when dealing with situations like there. There needs to be charges for negligence, and CEOs need to start being charged in situations that cause irreparable harm.
I once read a fiction that amongst other things had an encounter with a society that had broadly different corporate laws. Among the differences was that voting shareholders were accountable under...
I once read a fiction that amongst other things had an encounter with a society that had broadly different corporate laws. Among the differences was that voting shareholders were accountable under the law for the actions of the corporation.
I don't think there's much of a moral debate here. Of course the company who made this mess should be the one responsible for cleaning it up. But the real debate here becomes a legal one, and...
The case has started a debate about whether Nordic Waste has a moral responsibility to pay.
I don't think there's much of a moral debate here. Of course the company who made this mess should be the one responsible for cleaning it up. But the real debate here becomes a legal one, and comes down to whether bankruptcy absolves the company of financial responsibility.
The sixth richest man in the country owns the company whose negligence caused this disaster. Why on earth would Denmark accept the company filing for bankruptcy and leaving the government holding the bag?
You are right, it's indefensible. And as a Dane it's certainly not my impression that the people of Denmark accept it at all - this is pretty big on our social media. The state of Denmark though has little recourse as he hides behind his many companies and the law
The state of Denmark makes the laws, though. Is there enough consensus for the government to take action?
I wouldn't think so, however I don't know enough about it to say for sure. The only times the government truly takes action and actually works quickly are even bigger things like the pandemic or Ukraine, so I doubt this is big enough for them to start changing the laws - which is of course extremely complicated. But this is in the news every day and the prime minister even went to see the site, but that might just be PR stuff.
I suppose it's similar to the US, companies = people... this billionaire anyway, as far as I'm aware, is not legally liable by himself. Just the company. So yeah, government/parliament would have to make a lot of exceptions to actually do anything about it to avoid holding the bag, as you said.
Let me get this right, they piled a LOT of contaminated soil on a CLAY SLOPE and ignored evidence of sliding since 2021? Then the shareholders pulled the typical "it'll cost us less to just bankrupt out of this and then it'll be someone else's problem"? ...wow.
I would assume knowing of the hazard and ignoring it for 3 years wouldn't allow bankruptcy to get them out of this. There's pictures of a road going from straight to bowed because of the sliding over several years, there's just no way they didn't notice it.
I'm curious, does Denmark require an engineer to approve creating a landfill (I'm assuming it's some sort of landfill)? I would think between the clay soil and sloping toward a town, something would have raised some red flags of possible future issues.
The case is still rolling with new information every day, but it also seems the local administration has been neglecting on their oversight duties. Giving permits on dubious grounds and ignoring warnings.
The whole company also seems shady in its general business operations. They claim to clean contaminated dirt but in practice have been piling millions of tons but over the years only like 100.000 tons have been going out of the "cleaning" factory.
Oh wow, it just gets worse for them. I wonder if they were bribing any of the local administration?
Absolutely ridiculous. We need to stop using just monetary damages when dealing with situations like there. There needs to be charges for negligence, and CEOs need to start being charged in situations that cause irreparable harm.
I once read a fiction that amongst other things had an encounter with a society that had broadly different corporate laws. Among the differences was that voting shareholders were accountable under the law for the actions of the corporation.
That is all, on what board I am again?
I don't think there's much of a moral debate here. Of course the company who made this mess should be the one responsible for cleaning it up. But the real debate here becomes a legal one, and comes down to whether bankruptcy absolves the company of financial responsibility.