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Daxxer

10/08/14 1:23 PM

#254018 RE: Dollars1 #254011

I'm hoping for a huge benefit!!!

But after being involved in lots of litigation over the years and growing up in a family of corporate attornys, I can tell you that settlement is the name of the game. It's not often that full trial is actually reached. Criminal yes, but business issues are most often settled. But they are settled for the interests of the parties involved and not for the betterment of the people who aren't part of the suit. Precedent may be set, but the next person will have to fight and pay for their own battle and try to utilize that precedent.

However, often the parties involved agree to seal the settlement information. Just reality, they do. So Berkowitz may come out smiling and waving papers in celebration, but we may later find that the record has been sealed. It is usually quite a bit@h to get that unsealed or allow info from that file into another concomitant or successive action.

If they do settle, we'll undoutedly see a nice pop. If the info on the settlement is available publicly or some action (like release) is taken for all to see, we'll definitely get poppage! But if we subsequently learn that we don't have access to the details, for whatever reason, the pop may not be able to remain at the levels reached.

Maybe there are some lawyers here who can help explain what can possibly happen in a settlement ... or settlement on just a few of the items contained in the suit, with the others still moving forward in court?