(Total Views: 455)
Posted On: 05/15/2022 12:25:51 PM
Post# of 154120
Unless I got this arbitration all wrong, it was my understanding that the arb only applies to the matter of whether Cytodyn owes Amarex 11m. The damages alleged would need to be adjudicated in a civil suit.
Quote:
"Given that Amarex is arbitration, it shouldn't go on for years. I'm giving it about a year from when it began, to about November or December, 2022. But it is very complicated. I don't know how deep Sidley Austin wants to take this. I don't know how much of a settlement they will be happy with. I don't know how easy are the pickins. I don't feel they will be happy with settling for less than a billion, so they may drag it on until they can get that, but I don't think they will continue to pursue the matter so long to extract its full worth of probably $20 billion."
Quote:
"Given that Amarex is arbitration, it shouldn't go on for years. I'm giving it about a year from when it began, to about November or December, 2022. But it is very complicated. I don't know how deep Sidley Austin wants to take this. I don't know how much of a settlement they will be happy with. I don't know how easy are the pickins. I don't feel they will be happy with settling for less than a billion, so they may drag it on until they can get that, but I don't think they will continue to pursue the matter so long to extract its full worth of probably $20 billion."
(4)
(0)
