(Total Views: 343)
Posted On: 06/12/2023 8:36:48 PM
Post# of 154115
Hi MGK_2.
First please understand I never meant to imply that you don't make sense. Sorry about that if it was misunderstood!
No, there is no limit in arbitration as to what an award can be. HOWEVER there is a limit as to what someone can pay, because they can only pay what they have before they go bankrupt. If all Amarex has is $250mm but the award is $1 billion, you're only going to get what they have which is $250mm.
I would not think that SA is getting over 33% if they do have a contingency deal. We don't know if CYDY is paying nothing for arbitration, but a court case is FAR more expensive than arbitration and law firms are less likely to spend so much time on a case and potentially not be made whole. Arbitration is faster and easier, hence less time for the law firm to have to work.
First please understand I never meant to imply that you don't make sense. Sorry about that if it was misunderstood!
No, there is no limit in arbitration as to what an award can be. HOWEVER there is a limit as to what someone can pay, because they can only pay what they have before they go bankrupt. If all Amarex has is $250mm but the award is $1 billion, you're only going to get what they have which is $250mm.
I would not think that SA is getting over 33% if they do have a contingency deal. We don't know if CYDY is paying nothing for arbitration, but a court case is FAR more expensive than arbitration and law firms are less likely to spend so much time on a case and potentially not be made whole. Arbitration is faster and easier, hence less time for the law firm to have to work.
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