News Focus
News Focus
Followers 0
Posts 708
Boards Moderated 0
Alias Born 04/04/2009

Re: gophilipgo post# 179823

Friday, 07/17/2009 3:38:40 PM

Friday, July 17, 2009 3:38:40 PM

Post# of 326436
I doubt it due to the uncertainty of outcome and I've never heard contingency mentioned in the Scanbuy case. I know Iain stated Neom works with some on a contingency basis but I'd be reluctant to believe so. Find me a law firm that will work on a contingency basis for a company that has no revenues ala what would they (lawyers) have gained thus far?

I stand to be corrected if somebody knows better.

<EDIT> If the Scanbuy case is on a contingency basis, I'd say screw a settlement - set a precedence with a court victory. I'd fear the result if the Scanbuy case was on contingency Why? Usually a contingency is based off a percentage. e.g. 30% with no trial 40% plus associated court fees if trial occurs. Now if the outcome is a licensing agreement - how would that affect their cut? I dunno perhaps claw can chime in. I would think Neom is also suing for attorney fees incurred of which IMO would be best. Flat fee at the end - done deal..
Volume:
Day Range:
Bid:
Ask:
Last Trade Time:
Total Trades:
  • 1D
  • 1M
  • 3M
  • 6M
  • 1Y
  • 5Y