04-19-2017, 07:41 PM
I'm sure that contract and final settlement agreement are interesting reading. Not. But lawyers seem adverse to plain language for some reason, based on the contracts I see daily. (One example: we are being hired to update some five year old plans we did for a scheduled maintenance. $5,000 in fee. Not a big deal and no real risk involved for anyone. The 50 page agreement would cost more than $5,000 in legal review and negotiation to not have the dark cloud of open ended indemnity hanging over our heads.)
Generally final settlement does just that. Here's some money; you go your way, I'll go mine, and no need to worry about Christmas cards moving forward.
If Stanford reneged on a clear cut agreement, JD is getting the money he is owed. The punitive and exemplary damages are to make sure he gets at least what he is owed should there be a settlement.
This will all eventually be public. Or not.
Generally final settlement does just that. Here's some money; you go your way, I'll go mine, and no need to worry about Christmas cards moving forward.
If Stanford reneged on a clear cut agreement, JD is getting the money he is owed. The punitive and exemplary damages are to make sure he gets at least what he is owed should there be a settlement.
This will all eventually be public. Or not.
Yeah, I just stare at my desk, but it looks like I'm working .I'd say in a given week I probably only do about fifteen minutes of real, actual, work. Peter Gibbons