Plaintiff Counsel Sees Gratton Settlement As Victory
#12
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Location: Jersey Shore
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#13
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The INSURANCE CO , if they see a number they are comfortable with ,will make the decision to settle , even against ATTORNEY'S advice . Attorney may feel he has strong chance of winning case , but INS CO may not want to take that risk .
#14
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Agreed. It's all about mathematics and the Benjamin's.
#15
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The Ins Co will always have a "number they are comfortable with". Even from the start of the trial. We don't know if the Ins Co went up with their number or the plaintif came down with their number. We also don't know how much the number was. I'm sure both sets of lawyers are claiming victory. Seems like the only people who lost are his family and friends.
#16
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Its about a math equation early on but when the trial starts its about weighing risk. After two days of devastating testimony they knew they were toast and wanted to control the settlement and keep it out the hands of a judge or jury to award. Also if the accusations are true SBI should be shut down, there may have been two additional lives lost due to negligence.
Last edited by stimleck; 01-21-2015 at 05:54 PM.
#17
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Its about a math equation early on but when the trial starts its about weighing risk. After two days of devastating testimony they knew they were toast and wanted to control the settlement and keep it out the hands of a judge or jury to award. Also if the accusations are true SBI should be shut down, there may have been two additional lives lost due to negligence.
#19
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Maybe the plaintif realized he should have sued the boat owner as well. Maybe the plaintif realized that the defense was going to attack the boat owner and place blame on him. Without knowing the true payout you can not know who is the victor. How many races have you raced? What two additional lives are you talking about? If SBI should be shut down then how about the others?