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DalTxHornFan

Certifiably Surly
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Posts posted by DalTxHornFan

  1. 52 minutes ago, Johnny Sack said:

    If you get into an Ivy or Stanford for law school, you absolutely have elite intellectual horsepower.

    But the problem is that getting into those schools is the only hard part.  You can do nothing and graduate -- they are almost impossible to fail out of.  Most who do matriculate at those schools are smart and work hard.  But a minority but not insignificant amount of them are smart but lazy and don't do shit but show up and get their degrees.  Lower ranked but still good law schools will weed out those who aren't willing to do any work.

    I work with lots of lawyers. Some with pedigrees.  But when it gets down to getting in the trenches in commercial litigation -- Texas, U of H, St. Mary's, Baylor, and Tech lawyers are pretty good at kicking ass and getting results for their clients.

    Update:  And it has been my experience that baby lawyers from Baylor and U of H have the least learning curve about how to practice law.  Those schools seem to be very practical about what they teach.

    • Like 1
  2. 53 minutes ago, Underdog said:

    What’s the backstory on the 4pcs of corn being separated from the others? 

    That's gots to be some sort of Qanon/White Supremacy signal.  Move this entire thread to CR! /sarc

    • Haha 1
  3. 49 minutes ago, LonghornSean said:

    Longer tunnel due to CVC on South Congress

     

    Yeah, who could have possibly seen that coming when the budget for the election was presented? 

    The CVC was first enacted by the Texas legislature in 1983, modified in 2001 and 2003, and the COA tweaked it in 2007.

    Incompetence or deception.  Pick one.

    • Hook 'Em 2
    • Like 1
    • Rage+1 1
  4. 16 minutes ago, hornian said:

    Title says it all. Show your work. Bonus points for being open for lunch on Fridays. 

    I don't care about the food (although, it doesn't hurt), I'm in it for the frozen concoctions. But to be honest, I prefer mine on the rocks, and I'll also drink Mexican Martinis and Polomas until I can't feel feelings anymore if you let me. 

    My first instinct for the best margarita+patio combo is going to be Matt's El Rancho, but I don't live or work close to there so I want options.

     

    Roaring Fork at Stonelake.  They open for HH at 2 pm on Friday and Saturday.  Thank me later.

    • Hook 'Em 1
  5. 2 hours ago, Lobo said:

    Does Luby’s own that plot in Steck or just in a ground lease?   

    Owned, though I think it is under contract contingent upon getting the zoning changes the buyer wants.  That location was not included in last year's $88 MM sale of a portfolio of 26 store locations to Store Capital.

  6. 1 minute ago, Brisketexan said:

    No, the Steck location is still on the chopping block.  But real estate transactions and projects take time.  So it will operate until a buyer shuts down the location to scrape the lot and build a hi-rise.

    You'd have to sell a shit-ton of chicken fried steak to equal the highest and best use of that site.  Of course, Austin being Austin, the neighborhood association is doing its best to impede this re-development.

  7. 22 minutes ago, TwiceHorn said:

    It's always unfortunate that non-contractual claimants in a bankruptcy get stiffed.  Moreso when it's an injury claim.  And infuriating when it gets toward an intentional tort.  If it actually gets to be an intentional tort, then it would be excepted from discharge.

    Unintentional tort claims have always been discharged by bankruptcy, it's hard to conceive how they could be rationally excluded from the discharge.

    Kill the company.  Sue the executives.  Pretty soon there isn't much money left (other than to pay lawyers.)  Bankruptcy can be a reasonable way to find a middle ground in these situations.

  8. I've been researching that plaintiff asbestos expert William Longo.  He's been excluded as often as he's been allowed to testify.  His mantra is that any asbestos exposure, no matter how minute, is potentially life threatening.  Very weak causal link from baby powder usage to any actual illnesses.  Way different than the actual industrial asbestos cases, though the Baron & Budd deposition coaching manuals raised my eyebrows a bit about those cases.

    The takeaway:  If you keep bringing the same case long enough -- you'll eventually hit the lotto!    

  9. 53 minutes ago, fattyflattie said:

    Next pasture to ours.  2.5 miles away.  Didn’t know about them until I was at work this AM, so I just finished 10 hours of driving to run down and get camper out.  It is unbelievably dry too.  This year going to suck if we don’t get some rain in a hurry. Met fire and rescue at gate and they told me to leave the gate open in case they needed to get the bulldozers in.  

    That's a bit too close for comfort.  Fire, like droughts and floods, is a natural process, but it can be pretty darned inconvenient at times.

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  10. 13 minutes ago, Reagan1k said:

    Yeah - Again...sorry for your loss.

    Basis will step up on non-qualified accounts....... standard assets....stocks, property

    Anything in a qualified account (IRA, Rollover IRA, 401(k) 403(b) etc) will come out and be taxed as income to the beneficiary.

    Check and understand those rules for an inherited IRA.   You'd have some choices to make and the outcomes can be substantially different.

    PSA.  Spend your retirement accounts first.  Do direct transfers of RMDs to charitable organizations to avoid paying income taxes while still supporting these organizations.

    Such a waste from an estate planning perspective to spend from non-qualified accounts when you have qualified accounts to utilize.  You'll die knowing that you did your best to maximize tax efficiency and your heirs will thank you and sing your praises for years after you are gone (unless you were a real asshole).

    • Hook 'Em 1
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