Imprelis Discussion - it's damage, Dupont's Claim Process, Lawsuits filed, Experience

Discussion in 'Homeowner Assistance Forum' started by Starbuy, Feb 27, 2012.

  1. cindyb

    cindyb LawnSite Senior Member
    from KY
    Posts: 354

    I'm thankful for owners of this forum and for finding others that are going to this personal hell and willing to share so we know we aren't alone. I also have nothing to decorate. My largest pine that was always decorated and the largest in the neighborhood, was the first to go, my "1's" were next. Bushes are toasted, pine needles are everywhere including my koi pond. Grass doesn't look much better but I have some weeds that look healthy.

    Me too.

    Happy Thanksgiving!
     
  2. cindyb

    cindyb LawnSite Senior Member
    from KY
    Posts: 354

  3. anyway

    anyway LawnSite Member
    Posts: 30

    can anyone who accepted duponts agreement and recieved there check tell me if the check came regular mail,ups,certified,etc...........did you have to sign for it,thanks
     
  4. Tree Lover

    Tree Lover LawnSite Member
    Posts: 17

    found this a short but good read.

    Sandy No Match for DuPont Imprelis!
    By funfundvierzig . Nov 23, 2012 8:42 AM
    Tree Storm Losses Pale In Comparison To DuPont's Countrywide Toxic Ravages

    Readers,

    New York City has lost 10,000 trees from storm Sandy only four weeks ago. New Jersey utilities are reporting 113,000 trees destroyed or damaged in the Garden State. But Sandy is no match for DuPont's vile tree-killing dandelion herbicide, Imprelis. Imprelis, now mercifully banned by the U. S. EPA, has destroyed hundreds of thousands of trees nationwide, and particularly in the midwest.

    DuPont's customarily secretive and evasive Management and their PR con artists have worked assiduously to downplay and cover up the massive magnitude of the damage caused by their falsely if not fraudulently advertised "very environmentally friendly" turf herbicide. Considering the thousands of Imprelis claims in hundreds of lawsuits in federal and state courts, the ultimate total losses and charges to DuPont earnings may be $1 to $2 billion, or even MORE! Arboreal annihilation on an astronomical scale, folks.

    Congratulations to Ms. Kullman, DuPont Chieftess and her servile understaffers for coming out with what so far has been the biggest "new product" failure in corporate America in the 21st century! Imprelis, Tell Us.

    Merely the morning commentary of one individual retail investor and long-time student of the dysfunctional and deceptive DuPont...funfun..
     
  5. anyway

    anyway LawnSite Member
    Posts: 30

    here is a question i have not seen on here................is this settlement agreement taxable,will we have to claim this on our taxes??
     
  6. rosewater

    rosewater LawnSite Member
    from SALINE
    Posts: 63

    all income is considered taxable regardless of the source....haha that damn IRS
     
  7. Longshot

    Longshot LawnSite Member
    Posts: 9

    Got my check today! Was surprised to see that large of check come regular mail. Not certified, or anything. Was 6 weeks after mailing my signed CRA back.
     
  8. cindyb

    cindyb LawnSite Senior Member
    from KY
    Posts: 354



    From the IRS site http://www.irs.gov/Businesses/Small...tlements-Audit-Techniques-Guide#_Toc305586646 :
    Guess that means the courts will determine?



    I'm happy for you. My damage continues.
     
  9. PapaD

    PapaD LawnSite Member
    Posts: 32

    Comparing this to an auto accident, if someone hits your car and they (or their insurance company) pay you for the damage, that money would not be taxable. However, if they also pay you for your pain and suffering, that part might be considered income and be taxable.

    Using that logic, I would think that any payment that is for direct compensation of the damage would not be taxable. The additional 15% for inconvenience, etc. might be taxable. I guess a tax attorney or accountant would be the ones who would know for sure.
     
  10. Starbuy

    Starbuy LawnSite Senior Member
    Posts: 335

    Generally speaking, if the settlement proceeds were to compensate you for lost wages then the money is taxable because the wages would have been taxable. If the settlement proceeds were awarded to punish the company for wrongful behavior they would also be taxable. If they were to pay you to make you whole from a financial loss (i.e. compensate you for actual damages, lost property value, loss of intended use and enjoyment, potential future financial loses such as when you try to sell the home or try to replant and the plant won't grow normally or die) then generally the proceeds would not be taxable. Another thing not generally taxable is life insurance benefits. But, best to consult a tax expert of which I am not.
     

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