(Total Views: 218)
Posted On: 10/23/2017 4:54:38 PM
Post# of 82689
Re: Buddybarto #3799
The courts keep to the schedule until a stay is agreed upon by both parties for settlement.
SFOR and any one or all of DCT could be in talks as we speak but wont know until, "The parties have met and conferred, reached a settlement in principal" then, "The parties have exchanged and reviewed a draft term sheet and expect to sign a term sheet within a few days.", this is how Entrust went down for weeks or months and nothing was brought to the courts until the term sheet was written out. Then once they presented it to the courts they, "expect to present a dismissal order to this Court no later than October 27, 2017."
This is how it went down with Entrust. And the court dates remained (even though no one appeared) but the stay was agreed to by both while working to dismiss this Friday.
Any of DCT would be fools (IMO) to take this to trial.
The only reason DCT would try to fight would be due to $$$ R&G and Blank Rome are lokking for as far as damages are concerned. Must be very large amount of money if any of the three choose trial.
Entrust is the perfect example of how smart buiseness decissions are made.
IMO
SFOR and any one or all of DCT could be in talks as we speak but wont know until, "The parties have met and conferred, reached a settlement in principal" then, "The parties have exchanged and reviewed a draft term sheet and expect to sign a term sheet within a few days.", this is how Entrust went down for weeks or months and nothing was brought to the courts until the term sheet was written out. Then once they presented it to the courts they, "expect to present a dismissal order to this Court no later than October 27, 2017."
This is how it went down with Entrust. And the court dates remained (even though no one appeared) but the stay was agreed to by both while working to dismiss this Friday.
Any of DCT would be fools (IMO) to take this to trial.
The only reason DCT would try to fight would be due to $$$ R&G and Blank Rome are lokking for as far as damages are concerned. Must be very large amount of money if any of the three choose trial.
Entrust is the perfect example of how smart buiseness decissions are made.
IMO
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