Rick international shipping for years was involved in a number lawsuits. Every legal system is different and we always took the advice of our attorneys. Most of the time in the US the advice was settle because of the cost. Primary difference in the American system vs other countries is no compensation for you expenses when sued even if the case is thrown out.
Key issue in bankruptcy is it’s not Remington that would want compensation for unauthorized use of trademark. It’s the creditors that are looking for money as a group. And the court is likely to agree to hear anyone bringing a legitimate claim. Money recovered goes into the pool paying all creditors. I don’t look on it in a negative way, the creditors deserve to be paid. Only issue I have is frivolous. More often than not the result of overloaded courts accepting most claims & letting the attorneys work it out.
William
|