Re: Settlement Amount
in response to
by
posted on
Oct 13, 2008 10:01AM
When any one settles a deal I think they also look at the present cash value nowadays, if I know I will get say $1,200.000.00 two years from now I might accept $1,000,000.00 and let go of the $200k for now due to infaltion , devaluation of the dollar or any factor or any situation I might be in now.
A lot of companies will sell their accounts receivable for a discount if they need the cash right now.
Who paid and how much remain to be seen I know the suspense is killing most of us, I guess in time we will all know.
We all need to know the full story from cover to cover but may be the delay is our ace in the hall and it will give us a better barganing deal with the others.
JMHO