Replies to post #232501 on Plastic2Oil Inc (PTOI)

[BeerIsGood]

Legally? LMAO. I coach football and at the end of the game if the kids played up to their potential it's a win for us. Don't care about the score. If the kids had fun it's a win, don't care about the score. If the kids play with heart and determination, it's a win, don't care about the score.
If a person goes to court and could get fines of millions and ends up with thousands, its a win in their mind. Its all perspective so what the hell does legally have to do with it?

You say potato, I say potato; you say tomato, I say tomato.
November 17, 2005 7:31 PM

This year “some people wanted the word ‘brainstorming’ replaced by ‘thought shower’ so as not to offend people with brain disorders, and they also wanted ‘deferred success’ to replace ‘failure’ so as not to embarrass those who don’t succeed.” These words and phrases are just a couple cited by Global Language Monitor as the year’s most politically correct words and phrases.

The phrase that topped this year’s list was ‘misguided criminals,’ one of several terms the British Broadcasting Corp. used so as not to use the word ‘terrorist’ in describing those who carried out train and bus bombings in London this summer.

[Johnik]

Legally, and only legally, is a settlement agreement considered a win or loss to either party by the court?

I would say, to the court, a settlement is neither a win nor a loss. Neither the judge nor the jury have made any findings, and the court has not entered a judgment based on independent analysis.

To the parties, a settlement should be a win for both sides. The magnitude of that win requires a comparison of the settlement value to the potential jury/judge verdict value, the likelihood of success, and the potential litigation costs required to pursue the case to a judgment.