HALLELUJAH TO THAT > "I believe you will have a deal by 7/9"
"lawyers for sure milk the clock - especially since they know the bucks are there and the parties are too committed to do anything about it" ..the 13 have believed the lawyers when they inferred they can successfully fight this, when statistics clearly outline majority jury trials side with patent holders
"judge doesn't stop a trial in the middle of the proceedings just because the parties ask him to" ..time & time again Judge Andrews highlighted his authority in this case & that he could not be swayed (except for that 1 time ~ jennifer ying's vacay, sorry AJ)
"judge had to hear the proposed terms of the deal and had to realize it was more than enough to effect a settlement I believe the general parameters/numbers/details are well set. It's the small stuff that sometimes takes a little time."
that premise is echoed in Bloomberg News headline ~ ChanBond and defendants “have executed a binding term sheet to resolve their disputes” and “are diligently working to effect settlement, but need additional time to complete the final steps," according to a joint notice filed under seal Wednesday and unsealed Thursday in federal court in Wilmington, Delaware
additionally that sentiment aligns with what is stipulated re: the principles of drafting a term sheet >Confidentiality provisions >Exclusivity provisions >Legal Binding >Costs >Law & Jurisdiction
I believe the general parameters/numbers/details are well set.
Definitely! Otherwise Judge never let the trials stop on the promise of one side.
It's the small stuff that sometimes takes a little time.
Most likely, the settlement amount is known and agreed up on already. It is now all a matter of how much each of the 13 companies will agree to pay for the settlment. That is the small stuff.
July 9 deadline is the timeframe primarily for the "pay negotiation" among 13. IMO