MORE PENNY WISE/POUND STUPID
Griselda was injured at a hotel when the chair collapsed. The hotel was in TrinIdad, Griselda lived in Jamaica.
When Griselda reached home she had a lawyer write to the Hotel threatening a law suit.
Hotels, as many other venues that have a lot of traffic, attract a lot of law suits. What they try to do is go ‘behind the lawyer’s back’ and get the plaintiff to settle out of court. They show how wise it is to avoid legal fees.
Hotels, as many other venues that have a lot of law suits, know that many plaintiffs will take less money so as not to pay their lawyer.
In this case, the Trinidad Hotel, knowing that TT dollars are NOT acceptable in Jamaica, and that the government is under a restriction as to how much U.S. Dollars can be sent out of the country, wrote a cheque (in TT Dollars) in full settlement of the claim.
The cheque was sent to Jamaica.
Now if Griselda had not tried to keep her lawyer out of the picture, this would have been known and the settlement would have had to be made in US dollars. But, not paying the lawyer was part of the joy.
Griselda could not get the cheque accepted at any bank, including the Bank of Jamaica, and was told that had she filed a law suit and had a Court ordered the payment, then the money would, by law, have to be converted to U.S. Dollars and Griselda could carry the sum through customs with the Court Order attached.
The Hotel knew this when it made its offer.
So here’s poor Griselda with a cheque she can’t cash, with no way to convert the money to a cashable currency.
The Hotel considers the case ‘settled’ having written a cheque they know Griselda can’t cash.
All to save paltry legal fees.