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10-15-2009, 07:08 PM
leecoukfan Wrote:Gillispie was suing for 6 million and UK settled for exactly 2.98 million. After legal fees from attornies and moderators it came out to approximately 2.7 million. So be it still quite a big chunk of money i guess it was a fair deal since they settled in the middle.
You have your thought backwards. Gillispie did sue for $6M. UK offered $2.98M. Gillispie accepted that offer, meaning he was willing to settle for $3.1M less than what he was seeking.
No matter how this is cut, UK would never have settled for a $3M buyout if they did not think they would lose. BCG had to have the money, thus he was willing to forfeit this waiting another two years before it ever went to court.
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Messages In This Thread
UK settles with Gillispie for $2.9 million - by ComfortEagle - 10-13-2009, 08:45 PM
UK settles with Gillispie for $2.9 million - by LWC - 10-13-2009, 08:50 PM
UK settles with Gillispie for $2.9 million - by hellbilly - 10-13-2009, 10:44 PM
UK settles with Gillispie for $2.9 million - by Wildcatk23 - 10-14-2009, 12:03 AM
UK settles with Gillispie for $2.9 million - by hellbilly - 10-14-2009, 12:27 AM
UK settles with Gillispie for $2.9 million - by Wildcatk23 - 10-14-2009, 12:38 AM
UK settles with Gillispie for $2.9 million - by hellbilly - 10-14-2009, 12:48 AM
UK settles with Gillispie for $2.9 million - by Playboy5 - 10-14-2009, 06:18 AM
UK settles with Gillispie for $2.9 million - by Stardust - 10-14-2009, 08:17 AM
UK settles with Gillispie for $2.9 million - by OffTheHook - 10-14-2009, 08:18 AM
UK settles with Gillispie for $2.9 million - by BCF4L - 10-14-2009, 10:38 AM
UK settles with Gillispie for $2.9 million - by charliez - 10-14-2009, 12:16 PM
UK settles with Gillispie for $2.9 million - by thetribe - 10-14-2009, 01:23 PM
UK settles with Gillispie for $2.9 million - by Stardust - 10-14-2009, 01:42 PM
UK settles with Gillispie for $2.9 million - by BigBlueBobcatFan - 10-14-2009, 02:05 PM
UK settles with Gillispie for $2.9 million - by cj2561 - 10-15-2009, 02:19 AM
UK settles with Gillispie for $2.9 million - by BCF4L - 10-15-2009, 09:49 AM
UK settles with Gillispie for $2.9 million - by thetribe - 10-15-2009, 06:33 PM
UK settles with Gillispie for $2.9 million - by LeeCoUKFan - 10-15-2009, 06:50 PM
UK settles with Gillispie for $2.9 million - by Stardust - 10-15-2009, 07:05 PM
UK settles with Gillispie for $2.9 million - by Stardust - 10-15-2009, 07:08 PM
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