Will the infringement liability be transferred alo
Post# of 11802
(Total Views: 427)
Posted On: 04/05/2018 7:35:08 PM
Re: Investornaut #4641
Will the infringement liability be transferred along with the purchase.
Yes because the new owner or the company that buys Lifescan from the new owner will continue to sell the infringing products. Don't believe the 2 minute wonders on the other message boards who in the amount of time it takes to pee anoint themselves with an important sounding name and elect themselves experts. Lifescan has sold at least 25 million boxes of OneTouch in each of the last six years. The cost of that will be dear. The cost of the continued use (forward) of the infringing product will be less but nonetheless exorbitant.
Stay tuned, there might be a nice neat package deal coming our way.
Perhaps. And it appears that Platinum is only borrowing $1.8 billion, leaving what appears to be a $300 million set-aside. I would not describe Lifescan as a clean company. They have screwed and attempted to screw companies for decades. So you can bet that Lifescan is involved in many suits that need addressing. You want to know how Mr. Berman will get his hands on a BIGGER part of that set-aside money? File a strike suit in Delaware Federal Court. If he does that Berman can claim that he wants his $400 million to settle up the patent infringement case, but in the spirit of a legitimate owner taking over Lifescan, he will give an early summer discount to settle DECN's claims.
“Over the last several years, while merger and acquisition activity has been on the increase, challenges to M&A deals and strike suits (lawsuits aimed at gaining a quick private settlement that would be less than the defendant’s legal costs), have also reached an unprecedented frequency."
Yes because the new owner or the company that buys Lifescan from the new owner will continue to sell the infringing products. Don't believe the 2 minute wonders on the other message boards who in the amount of time it takes to pee anoint themselves with an important sounding name and elect themselves experts. Lifescan has sold at least 25 million boxes of OneTouch in each of the last six years. The cost of that will be dear. The cost of the continued use (forward) of the infringing product will be less but nonetheless exorbitant.
Stay tuned, there might be a nice neat package deal coming our way.
Perhaps. And it appears that Platinum is only borrowing $1.8 billion, leaving what appears to be a $300 million set-aside. I would not describe Lifescan as a clean company. They have screwed and attempted to screw companies for decades. So you can bet that Lifescan is involved in many suits that need addressing. You want to know how Mr. Berman will get his hands on a BIGGER part of that set-aside money? File a strike suit in Delaware Federal Court. If he does that Berman can claim that he wants his $400 million to settle up the patent infringement case, but in the spirit of a legitimate owner taking over Lifescan, he will give an early summer discount to settle DECN's claims.
“Over the last several years, while merger and acquisition activity has been on the increase, challenges to M&A deals and strike suits (lawsuits aimed at gaining a quick private settlement that would be less than the defendant’s legal costs), have also reached an unprecedented frequency."
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