Re: More Leyser-Gold drama
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My feeling all along would be that this would eventually settle for something in the $2-3M range and I still believe that. From what I have been reading (and thanks to the OP for providing this info) Leyser is in a strong position but there is still considerable uncertainty in whether he will succeed and also I would think there is nothing here so far that warrants him receiving 50% of the entire prize. If Gold has obligations to others (Chan, BoDog, etc...) they will be factored in to the judges decision.
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Why would Leyser settle now? The judge who will make the final ruling at trial, just said that Leyser is very likely to prevail at that trial. That's huge. And Gold & Chan have said there is no obligations to Chan. And BoDog is now paying Jaime, not the other way around.
This is slam dunk for Leyser. Junior law students can argue over whether there is "consideration", but the judge in the trial has already ruled there is. It's like arguing with Theo Epstein over his posting fee for D-Mat. You may be right that Theo paid too much, but the deal is done and the issue is over.
If Leyser wanted to settle, he could offer Jaime $400k-500k to go away. That unlocks the money now, not six months from now, which has some value to Leyser. And it protects him from the small risk that Jaime's lawyer can come up with a new defense, get a new judge or find some other strategy to get the money.
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