Alabama Aircraft Industries Inc (AAIIQ)

[cheddartart]

Yeah, the legal fees on both sides are piling up for sure. But it's probably a lot higher on Boeing's side since the use the most expensive big law firms from Washington. So I'm kind of surprised there wasn't a settlement somewhere to save legal fees on both sides.

I think it takes ~1 yr for the outcome of an appeal.

You should be careful in owning $AAIIQ. I'm actually not sure it's worth anything.

Kaiser Group ($KGHI) bought out the right to sue Boeing from $AAIIQ a while back when $AAIIQ went through bankruptcy. $KGHI gets 90% of the net litigation proceeds so $AAIIQ only has a small stake of 10% of the lawsuit (That's what the press release is referring to)