Re: Samsung/ My $0.02..ALL
in response to
by
posted on
Sep 17, 2009 08:34AM
Heck it could be as simple a thing as Samsung needing till October 19th to write the BIG CHECKS called for by the "EXECUTED SETTLEMENT AGREEMENT"...Lol...Lol...
I settled a case two days before the trial date on July 6th, 2009, and the INSURANCE COMPANIES ARE STILL SITTING ON THE CHECKS. Got a Court ORDER for payment by this FRIDAY plus Interest or we start attaching properties and have a Sherief Sale by next week...
These are hard times for financial institutions and even though Samsung shows $12 Billion in cash on their balance sheet, the Banks who provide the funds could be having problems for immediate supply of multimillion dollar disbursments to EDIG and DM...
Gil...