yes, this is the 1st time we get to view the per se TRANSCRIPT from the MYSTERIOUS dallas case
very REVEALING info regarding ALL parties
it's PIVOTAL information for a lawyer cuz it involves all the same parties we're in
contention with, so it gives us VALUABLE data/facts re: modus operandi going forward
MOST PERTINENT KEY POINTS ARE re: settlement ~
Mr. Spangenberg further testified that when he looked at this deal
he did not see sufficient financial room in the deal to allow for a payout
of [REDACTED] to any entity like his (common knowledge that spangenberg liked BIG $ deals)
Mr. Whitman testified that the settlement of the patent case for [REDACTED] was rare
KEY POINTS from arbitration ~
re: the "Settlement" CBV has received [REDACTED]
and ChanBond has received [REDACTED]
Another [REDACTED] went to the underlying lawyers
[REDACTED] went to the funder (Omni)
and [REDACTED] remains in escrow
At this time, approximately [REDACTED] remains in the qualified settlement fund
the principals of CBV ("the Bears") would never agree to a [REDACTED] out of gross proceeds of any patent monetization, and that without CBV’s consent, Section 2.8 of the Patent Purchase Agreement operates to preclude Claimant’s (deirdre) recovery
Mr. Carter ultimately failed and refused to make the payment referenced in the ASA
[/color] Claimant (deirdre) acknowledged that the ASA was backdated to April 9, 2015, as she actually signed the ASA on July 28, 2015
Spangenberg originally offered the CBV deal to Mr. Carter but Mr. Carter could not come up with the money to do the deal
Claimant (deirdre) had discussions with Respondent Carter that she would take a job at Technicolor because they needed money
Billy Carter begged her to sell ChanBond to him
Mr. Spangenberg initially tried to offer the CBV deal to Mr. Carter but Mr. Carter could not come up with the money
Mr. Whitman was hoping for a quick settlement and eager to get the case settled prior to trial
the damages expert was not as strong as he could have been
the infringement expert had his own issues
Mr. Whitman tried to help with the dispute between the Bears and Claimant (deirdre) but was unsuccessful
settlement agreement had to address the potential scenario of Claimant (deirdre) suing all the settling parties
Mr., Carter testified that once Claimant terminated the ASA he was relieved as it would be more money for him
the inventors were challenging and had a hard time articulating their inventions
Mr. Carter had Unified Online and ChanBond execute an ASA for the patents at issue but he did not tell the Bears about it