Amarin Corp Plc (AMRN)

[Birdbrain Ideas]

Let's not blame her ethnicity or political background or anything else for a decision that was ultimately upheld by three Federal Circuit judges and the U.S. Supreme Court. The reality of any lawsuit is that the outcome can go many directions depending on the governing laws, the lawyers, the arguments from both sides and the evidence presented at trial. There is a reason that most cases like this settle. Nobody with anything at stake wants to leave so much in the hands of a judge when so much to be decided is subjective and open to interpretation.

I think most of us have repeatedly said that Amarin goofed in its choice of where it brought the lawsuit, in the arguments it made, in the witnesses it had testify and in the written arguments it submitted. The laws seemed to set up a dynamic where decisions were much closer calls than any of us, and probably Amarin's lawyers, thought.