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Re: GColl post# 88666

Wednesday, 06/30/2021 8:47:51 PM

Wednesday, June 30, 2021 8:47:51 PM

Post# of 96908
"judge had to hear the proposed terms of the deal and had to realize it was more than enough to effect a settlement
I believe the general parameters/numbers/details are well set. It's the small stuff that sometimes takes a little time."


that premise is echoed in Bloomberg News headline
~ ChanBond and defendants “have executed a binding term sheet to resolve their disputes” and “are diligently working to effect settlement, but need additional time to complete the final steps," according to a joint notice filed under seal Wednesday and unsealed Thursday in federal court in Wilmington, Delaware

additionally that sentiment aligns with what is stipulated re: the principles of drafting a term sheet
>Confidentiality provisions
>Exclusivity provisions
>Legal Binding
>Costs
>Law & Jurisdiction

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