InvestorsHub Logo

Goodbuddy4863

06/20/17 10:40 AM

#34311 RE: JMH14865 #34300

Yes..that brings to mind.

Some Cable Companies are more profitable[Bigger Market Cap]than others.

Maybe they are deciding how much each individual Cable Company will pay and that is what is taking so Long.

I believe they are in Talks.

This may take a little while to figure out if ChanBond is willing to accept this type of offer?

Monte_Cristo

06/20/17 12:13 PM

#34339 RE: JMH14865 #34300

Yes, true.

They first have to arrive at the total amount in damages (the quantum) that they'll all settle for. That's the tricky part, but they'll have outside experts and lawyers running through the numbers. Then, usually, the split in liability is determined afterwards. Sometimes apportioning how damages are distributed between the defendants can be handled via a mini trial in and of itself. However, if the quantum (of damages) is determined and agreed to by all parties, we're laughing. The rest won't matter. Same with if the case actually goes to trial and Chanbond wins. The damages might be assessed by the judgment and the apportionment among the various defendants dealt with separately.