Good morning. Your memory is correct and that is exactly my point why I think AT&T is being foolish. We already know they are going to have to pay. If they settle, as in the Qwest case, each side paid their own legal bills. If a trial goes to completion, it would appear that AT&T will not only have to pay DAC compensation, but would probadly be liable for APCC and the other litigants legal costs. Call me crazy but I'm willing to bet that almost 12 years of litigation is going to be quite expensive. In addition, if the court makes the award it will have 8 or 9 years of compound interest at 11.25%. It doesnt make any sense to me. A settlement would be in everyones interest.
If AT&T's logic is they are trying to reduce the award, they are also risking a larger award by going to trial. Their 12 years of delaying tactics may have worked well for the last 12 years but it now appears we are nearing the end game. IMO AT&T has waited too long to make a settlement. Their is no incentive for APCC to make a settlement unless AT&T is willing to pay a premium. Up to this point AT&T has shown no such inclination. If i'm the new lawyers, I would love a trial. The possibility of legal fees plus a compounded award could be very enticing. It just seems to me that AT&T has shot itself in both feet. It just doesn't make sense. I'm not a lawyer...LOL...Thats why I'm asking what am I missing. WHEN YOU GO TO TRIAL ANYTHING CAN HAPPEN.....AND OFTEN DOES..LOL
AI
