UnifiedOnline Inc fka UOIP

[shajandr]

How to know the settlement amount was chump coins and GTFOH shekels:



https://www.pacermonitor.com/view/5RBVCMI/CBV_Inc_v_ChanBond_LLC__dedce-21-01456__0073.0.pdf

So there is nott enuff munny in DaPott to even pay Deirdre's full arbitration award unless CBV pitches in. Nott much $$$$ in the Chanbond pot.

'There were two cautionary notes added by those two lawyers-need to pay attention to the amount of legals we bring, as the cost will reduce any payout'

https://investorshub.advfn.com/boards/read_msg.aspx?message_id=168673610

When the estimated legal fees are a significant part of the possible pay~OUTT, then that tells you that the potential pay~OUTT is small. Because estimated legal fees for a relatively simple accounting/contract dispute case like this is in the low single digit millions - at most. And prolly realistically under a million even with an appeal.

If there was a pile of munny left post-Bentham and IP lawyers, any subsequent legal fees for resolving the final disbursement dispute would be negligible in comparison. Trivial.

So it appears that there is nott much left for these parties to quibble over.

Which is as expected. Chump coins and GTFH shekels were the settlement of the IP nuisance suit once it became clear that the case would make it to the jury. Standard nuisance suit payoff coins. Enough to pay the lawyers and the financiers and leave a few million left over for the plaintiff(s). Defendants simply payoff the Plaintiffs the amount that Defendants would otherwise have to pay lawyers and experts to put on its case-in-chief and then potentially pay for appellate work.

Not material amounts and therefore none of the 13 even bothered putting it in any of their SEC filings.

Now, as to why the Cali folks filed in CA state court and not in a Federal District court or DE court- I explained that in an old post of mine - so the SoCal lawyers could make bank off the plaintiffs.

https://investorshub.advfn.com/boards/read_msg.aspx?message_id=166014005

https://investorshub.advfn.com/boards/read_msg.aspx?message_id=166083959

https://investorshub.advfn.com/boards/read_msg.aspx?message_id=166084093

And a reminder: https://investorshub.advfn.com/boards/read_msg.aspx?message_id=166086601