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But from the other side, the perspective is probably: - legal fees are going to be in the $100k's - he clearly has little money, so even if we win, we'll end
by ojbyrne 13y ago
But from the other side, the perspective is probably:
- legal fees are going to be in the $100k's
- he clearly has little money, so even if we win, we'll end up garnishing his wages for 40 years to get a fraction of what we sued for.
- we might not win, then we're further in the hole
So take the loss and move on. Thus from pud's side it's not an insane risk, but a calculated one.
- brazzy 13y agoThat assumes the other side is rational and motivated only by profit. Which is not always a given (or possible to tell in advance).
- JonFish85 13y agoI imagine there are cases where companies have to go after bad contracts even when they know they won't get their money. Whether it's a duty to their shareholders, sending a message to future contractors, what-have-you. And depending on the size of the company, their lawyers may be getting paid regardless of whether they are doing this case or not (not really sure how legal departments work).