Relief Therapeutics Holding AG (RLFTF)

[PennyWorld]

Mopar on discord (attorney) description of typical mediation format. I wish I were a fly on the wall next Tuesday (2/22/22)!!
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MOPAR.....

My guess is that the defense lawyers were initially paid for mediation only and are still trying to get money out of JJ. They kicked the can down the road until after mediation. If mediation fails then the defense lawyers will want to get paid to litigate the case to an end. Remember an answer to the petition has not been filed yet as that’s when the attorneys are obligated to stay in the case. I would love to be in the room when the mediator brings over the initial offer from JJ. I’m sure it’s going to ridiculous and cause laughter. Lol

Mediation typical format: 1.) initial meeting of all the lawyers and litigants in one room with the mediator and there is a reading of the petition and what relief is being sought by both parties; 2.) then the parties with their respective lawyers are put in separate rooms; 3.) mediator goes to defendant to see what are they offering in respect to the demands of the plaintiff; 4.) mediator takes defendants’ offer to the plaintiffs and ask if acceptable or give a counter offer; 5.) this continues back and forth until there is a settlement or it’s determined the parties are too far apart to compromise in which case mediation ends; 6.) if there is an agreement then the mediator reduces the settlement to written form, it’s signed by both parties and notarized; 7.) the notarized written settlement is read into the record in Court and reduced to an enforceable Judgment that’s signed by the Judge after verbal acknowledgment of the agreement/signatures is done in open court by both parties in front of the Judge.