Re:I have made the decision to disband Hindenburg Research
by baq on Thursday January 16, 2025 @03:02AM
(#42722635)
Delta sued for what, $500M? These would have to be some expensive lawyers, even for lawyers.
Re:I have made the decision to disband Hindenburg Research
by manquer on Thursday January 16, 2025 @03:22AM
(#42722788)
That is just one customer, and also it is not just lawyers, Contingent liabilities(potential amount for settlement) when it escalates from possible to probable, in GAAP that means it changes from mere footnote to a line item in P&L which needs to be financed and managed and affecting their margins well before the actual settlement is decided.
Re:I have made the decision to disband Hindenburg Research
by baq on Thursday January 16, 2025 @03:44AM
(#42722960)
Looks to me the market priced this in.
Companies settle much faster typically to reduce some of this costs, it ends up being cheaper.
Also many of these will be resolved through their arbitration clauses that would be present in the contracts. Arbitration is much faster and usually appeal proof