And the smack down ...
 
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And the smack down begins

(@janeinstx)
Posts: 688
Honorable Member
Topic starter
 

The VI Govt is about to get schooled.

 
Posted : January 3, 2015 7:56 pm
CruzanIron
(@cruzaniron)
Posts: 2533
Famed Member
 

Jane, care to give us a hint?

 
Posted : January 3, 2015 8:09 pm
(@janeinstx)
Posts: 688
Honorable Member
Topic starter
 

HOVENSA files suit

I put a link in there before. No idea why it didn't show up

 
Posted : January 3, 2015 8:35 pm
(@alana33)
Posts: 12366
Illustrious Member
 

Yeah, good luck Hovensa!
Notice we're all paying less for gas?
They knew the writing was on the wall.
Plus, you can't get blood from stone.
The operating agreement with ABR was severely flawed. IMO.

 
Posted : January 3, 2015 11:27 pm
(@Scubadoo)
Posts: 2434
Noble Member
 

Hmmm, can a territory declare bankruptcy?

 
Posted : January 4, 2015 2:52 am
(@alana33)
Posts: 12366
Illustrious Member
 

I'm sure it can.

 
Posted : January 4, 2015 4:31 pm
(@vicanuck)
Posts: 2935
Famed Member
 

Hovensa will definitely get blood from the stone. Notice they filed in both Federal and territorial court.

 
Posted : January 5, 2015 7:29 pm
(@alana33)
Posts: 12366
Illustrious Member
 

Maybe we should learn something from having one industry, that pollutes the environment and has such a trenchhold that an entire island depends on them. Maybe it should be a lesson learned.

 
Posted : January 5, 2015 9:15 pm
(@islandjoan)
Posts: 1798
Noble Member
 

Alana, we can definitely learn something... but it definitely hasn't been learned in the past 2 years. No one has come up with any other kind of industry to replace Hovensa.

 
Posted : January 5, 2015 10:04 pm
(@speee1dy)
Posts: 8867
Illustrious Member
 

cities in california can and have declared bankruptcy. it is not like hovensa will collect anything

 
Posted : January 5, 2015 10:41 pm
(@JohnnyU)
Posts: 465
Reputable Member
 

It really horrible living on an island with a middle class and not living off the tourism teat

/sarcasm

 
Posted : January 5, 2015 11:52 pm
CruzanIron
(@cruzaniron)
Posts: 2533
Famed Member
 

Alana, we can definitely learn something... but it definitely hasn't been learned in the past 2 years. No one has come up with any other kind of industry to replace Hovensa.

It will never be learned. History shows that.

 
Posted : January 6, 2015 1:16 am
(@Scubadoo)
Posts: 2434
Noble Member
 

Well if Detroit can do it....

Those that do not study history are doomed to repeat it.

 
Posted : January 6, 2015 4:45 am
CruzanIron
(@cruzaniron)
Posts: 2533
Famed Member
 

cities in california can and have declared bankruptcy. it is not like hovensa will collect anything

Maybe not. But the GVI definitely will not. The 2015 budget is made from anticipated Hovensa revenues that they will not realize. How is the GVI going to make up that payroll shortage?

 
Posted : January 6, 2015 9:31 am
(@alana33)
Posts: 12366
Illustrious Member
 

Not to mention all the new hires.

 
Posted : January 6, 2015 1:52 pm
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