• Maalus@lemmy.world
    link
    fedilink
    English
    arrow-up
    29
    arrow-down
    1
    ·
    11 months ago

    …how. I make plastic medical devices and I need to support them for 10 years by law, since that is considered “lifetime” for it. How is a company not supporting them before the lifetime of the product (i.e. before they need to take them out) and gets away with it?

    • YerbaYerba@lemm.ee
      link
      fedilink
      English
      arrow-up
      25
      arrow-down
      1
      ·
      edit-2
      11 months ago

      If your company goes bankrupt before 10 years is up, what happens?

    • piecat@lemmy.world
      link
      fedilink
      English
      arrow-up
      19
      ·
      edit-2
      11 months ago

      Bankruptcy maybe?

      Edit: article says company was on verge of bankruptcy.

        • Veneroso@lemmy.world
          link
          fedilink
          English
          arrow-up
          5
          ·
          11 months ago

          There was so much worry about lawyers going bankrupt on $5000 student loans… They had to stop it!

          Locked in till-death terms, skyrocketing tuition, and Sally Mae getting both the privilege of loaning and contracting with the government (and being paid to do so) to collect on defaulted loans.

          I’m sitting on about 8k left of a 30k loan and I’m really hoping to get some good news but I’m seeing now that our Republican friends want to reverse the forgiveness that’s been issued so far…

          Vote blue over Q and take everyone with you!

    • Madison420@lemmy.world
      link
      fedilink
      English
      arrow-up
      15
      ·
      11 months ago

      They were probably still experimental and installed for a trial and that is likely legislated differently.

      • Maalus@lemmy.world
        link
        fedilink
        English
        arrow-up
        5
        ·
        11 months ago

        Yeah, but for a trial to go forward, it needs to meet very specific criteria. This doesn’t sound like it did.

    • Ann Archy@lemmy.world
      link
      fedilink
      English
      arrow-up
      11
      arrow-down
      1
      ·
      edit-2
      11 months ago

      “Oops. We failed. Happens to businesses all the time. Good luck with that. Sign up for the newsletter of our new businesses below! What’s that, liability? Nooo no no, you must be mistaking this for a socialist country. This here is capitalism, that’s part of the program, it’s all there encoded in the law for everyone to see!”