Mark Zuckerberg 'Reconsidering' Lawsuits To Force Property Sales in Hawaii (cnbc.com)
Facebook CEO Mark Zuckerberg says he is "reconsidering" a set of lawsuits that he recently filed to compel hundreds of Hawaiians to sell him small plots of land they own that lie within the boundaries of 700-acre beachfront property on the island of Kauai. From a report on CNBC: The billionaire's potential about-face came after widespread publicity last week about the suits, which target a dozen plots comprising slightly more than eight acres of land strewn throughout the acreage that Zuckerberg bought for $100 million two years ago. Currently, owners of the lots, which have been in their families for generations, have the rights to travel across Zuckerberg's property. But many of the owners likely are unaware of their ownership interest in the plots. Last week, Zuckerberg said, "For most of these folks, they will now receive money for something they never even knew they had. No one will be forced off the land."
Thanks for reminding us all of this story we didn't care about the first time.
The Daddy casts sleep on the Baby. The Baby resists!
For most of these folks, they will now receive money for something they never even knew they had. No one will be forced off the land.
No one will be forced off the land, except for the ones who will...
Taking guns away from the 99% gives the 1% 100% of the power.
I, high king of the Social Network, hereby decree that I have more money than thou! With this money comes great responsibility and power and the desire to own 700 acres of beachfront property in one of the most beautiful parts of the world! Unfortunately, many of you lowly peons also own bits and pieces of the property and because I am a just, and OCD, king, I must have ALL of the lands with no filthy natives scurrying across my property to access their own, so I shall be generous. Fight my lawsuits and I will bankrupt you. Accept my offers or you shall find yourself the poorer. I am king, I hereby decree it.
For editors to put the link to the actual story in the most non-obvious place.
In this case, the link appears to actually be a link to an older story.
Perhaps the word '"reconsidering"' would be a better link to the current story? Or, even better, '"reconsidering" a set of lawsuits'
He should Facebook Live stream the moment when he steals the property they've owned for generations. The reactions will be LOLZ
If their properties is surrounded by Zuckerberg's property, why not offer them a swap? Offer them part of the outer part of his property for theirs, same size, same quality (or of course money if they prefer). That feels like sensible way to solve this without being evil.
Signature deleted by lameness filter.
It this is the situation, then why shouldn't the steps be
1. Public records to find the owners
2. Send certified letters letting them know they own it and you'd like to buy it
3. Buy it, since "they'd be getting money for something they didn't know they had"
4. Avoid assholeriness
5. Enjoy!!!
If none of the people who own this land know about their ownership rights or actually use the land, then that means nobody is exercising their right to cross Zuckerburg's land. Why is he even bothering with the land acquisition? He can pay less in property tax by NOT buying the land, and he still gets full, exclusive use of his own current property.
Something doesn't quite add up here.
Last week, Zuckerberg said, "For most of these folks, they will now receive money for something they never even knew they had. No one will be forced off the land."
Does that still apply after accounting for the fees for the lawyers they were forced to hire?
It is still a douchebag, asshat move. If he had actually attempted to determine ownership of the land, and then approached the owners with offers to buy, that would have been the proper opening move.
"I'm so moist I'm sticking to the leather." -Kermit the Frog on The Late Late Show
You can reconsider lawsuits all you want but in the mean time your lawyers are still going forward. Tell me when he makes up his mind.
Anons need not reply. Questions end with a question mark.
With so few people able to actually understand what's going on, and a bunch of journalists more interested in clicks than taking the 5 minutes to call a lawyer and educate themselves on this, I feel a lot of sympathy for Zuckerberg. There's simply no reason to abuse or think poorly of him over this.
Zuckerberg files a quiet title action. Such a suit would be titled something like "In re: .025 acres of land." Here, he's asking the court (a Hawaii state court) to identify the owner of a tract of land, nothing more. He, and everyone else interested in this land until the end of time, needs definitive, legally recognized and binding ownership information. (Have you ever read a title opinion where there was any kind of cloud on the title? The drafter might even say 'this is unlikely to interfere with your quiet enjoyment of the land' but that one cloud will perpetuate itself in every real estate document associated with that tract until hell freezes over. Unless, of course, a court steps in and issues a ruling.)
So, two possible outcomes.
1) "Mr. Zuckerberg, you own the land. There are no colorable other claims to the land and nobody else has come before the court to make any such claim in spite of our state's notice requirements in actions like these." Hooray, Mark just got clear title, and nobody lost anything.
2) "Dude(s) X (Y and Z) own the land." Hooray, now Mark can make an offer to buy the land. If there is a willing seller, Mark just got clear title, and the seller just got a pile of money for what is almost certainly useless land to anyone else but Mark. If there is not a willing seller, Mark now knows exactly who his neighbor is, what that neighbor's ownership rights are, and can ensure that he respects those rights. If jointly owned with some willing and unwilling sellers, another lawsuit by an owner could, under limited circumstances get the land put up for auction. (This is not much different than what might happen in a divorce, or when farmer brothers feud over dad's back forty.)
Did you see any opportunity for people to be kicked off their land, or for people to be paid less-than-market value for their land, or Zuckerberg to do some nefarious thing that screws people? No, neither did I.
He hasn't realized people already thought he was a jerk.
So this guy's only going to be a jerk in private basically.
Twinstiq, game news
Like the farmers who sold their farms to oil barons for a fraction of the true worth because they didn't understand oil and drilling, these owners stand to be cheated out of the true value of their land... which carries with it rights no one else in the whole world has.
Lawsuit to press money onto someone? Another doublespeak? Why not say it as it looks like - I want their land and have enough money to not care about anything. Generations or natives, I don't give a rats tail. I want that land. Period.
I know; this isn't news, yet I do feel the need to bring to attention that potential 'Fake News' is finding outlet here on Slashdot!
Does it not seem important to verify a story, and at the least post a link to the original source(s), so as to actually provide meaningful service to fellow readers, rather than jumping to some conclusion that you likely had supposed running around in your head without justification?
Please, fellow Slashdot-ians - take the time to take full responsibility for your re-posts! And provide substantiated support for a repost!
Self-importance and self-indulgence is the root of ALL evil.