XpresSpa Group Inc (XSPA)

[Snooze]

Big difference between settlement with Z and settlement with DTV:
-- in the case against Z, management was running out of cash, burning cash aggressively on intl litigation, and not really pursuing the ip issues in US but instead in foreign markets...
-- in the DTV case, management no longer is in a tight cash position, is no longer burning a lot on the litigation itself, and is pursuing its IP claims in US courts...

SO, it would stand to reason that management had a lot more leverage in the DTV settlement discussion (or at least a lot less urgency about settling) than in the Z case... I'm guessing that was clear to DTV too... Which maybe why they settled now...
This doesn't mean DTV will be paying $20m or more like Z did, but management clearly felt over a barrel in the Z litigation whereas that's unlikely to have been the case when they negotiated terms with DTV...