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olden_grumpini

02/01/24 10:55 AM

#401528 RE: Snowy_Owl #401525

That's my understanding as well.

A brief clarification of the case. Cummings is the defendant. IPIX sued them. The judge dismissed all 4 counts of IPIX's suit and found that the lease was valid and enforceable and that IPIX failed to provide the required notice to opt out of the lease extension. As a consequence, Cummings was entitled to recover the liquidated damages agreed to in the lease.

IPIX has 30 days from the date of the judgment to file an appeal. I'm nearly 100% certain of that, but I'm not a lawyer either.