InvestorsHub Logo

deet49

05/26/21 8:43 AM

#989 RE: deet49 #987

It was a combined $11.7M seeking $810M based on the helms burton formula for compensation and the word is they settled at $160M for a whooping 15X

https://www.law.com/international-edition/2021/05/25/in-a-first-parties-in-helms-burton-case-reach-settlement-over-property-in-cuba/

If we do that with $53.5M negotiations start at $800M ++
that's a lot of Cheddar or if you prefer Lindy cheese

BTW the firm that the defendant hired has a specialty department in mediation and settlements https://www.prnewswire.com/news-releases/rasco-klock-perez--nieto-pl-launches-mediation-group-301115471.html

Go FRAZ
PCHM