RE: All the best to everyone.29 Jan 2023 14:26
Yes Feels it's really an illustration, I don't believe the parties have been left to their own devices finalising the settlement. There looks to be a strong oversight. Two things,
first. "The settlement process requires further negotiations and continues to operate within the control of the US judicial system, and hence the outcome of the litigation, its settlement, and timing are not wholly within the control of the Parties. As a result of these factors, the value and terms of any final agreement are not yet certain."
Second "The gross settlement value should be expected to be towards the lower end of the range of expectations for a successful jury trial outcome as previously guided by the Company. Does that include the wilful element, could be argued either way.
It could be that this settlement has to meet a judged equilibrium, rather than weighted negotiations.