Contingent fees, advanced age of inventors, and deadline in October 2020 suggests, to me, that settlement will occur on or before the first day of the jury trial. I think some others with significant legal expertise have suggested Feb or Mar of 2020 for settlement. Keep in mind, if a jury arrives at a settlement measure, the 13 are going to have to book the liability and expense. Sure, they can appeal, but it makes their balance sheets look weaker and might trigger debt covenant violations, which is very, very bad. We, of course, do not have access to the non-publicly traded financials for some of the 13, where financials are not publicly available. It would very interesting to have access to "all" balance sheets.
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