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Re: None

Tuesday, 10/04/2016 6:22:32 PM

Tuesday, October 04, 2016 6:22:32 PM

Post# of 235055
My company Blinkee.comhas actually gone through IP litigation. Yes we were sued by Litecubes, LLC for infringement of their trademark, trade dress, and copyrights.

What I learned is that 99% of all commercial lawsuits settle because it is in everyone's financial interests to do so.

The courts want a settlement because they have limited time and resources to try cases.

The parties want a settlement in case things don't work out in their favor they could be responsible for attorney fees of their adversary.

The insurance companies wand a settlement in case they are held liable for damages and/or attorney fees.

So, in short, I'm expecting a settlement here. How much? Don't know. Does it really matter? Don't think so. I think the speculation is really what matters. After all, "Buy the rumor, sell the news."