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Re: litton51 post# 46749

Sunday, 08/21/2011 11:04:30 AM

Sunday, August 21, 2011 11:04:30 AM

Post# of 60938
The figures are simply used as guides. $25M is five time $5M so it makes an easy reference. Although the actual math is better for us as the numbers go up, I thought it formed a baseline to work from. Clearly, any settlement for less than $8M is not worth taking.

The percentages are from the settlement. If Diac get 28% and we hire a contingency attorney (usually somewhere between 30 and 40%), then we get the remaining 32%.

Nothing here is based on anything other than reading the settlement and having some business/law experience. This aint rocket science. It is just common sense.
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