So if attorneys get 33% in civil cases the Dominion attorneys get $250M

If it is contingency it is probably 40%.

But I am guessing this was hourly because it was a business case. But don’t cry for them, they did well.

You're generally going to get substantially more in settlement with an attorney. So contingency fees are justified. And if you lose the contingency falls on who? The lawyers who are out a shite ton of time and money.

Now, if you want to talk ridiculousness, that's class action fees. Each plaintiff to receive $35.00 off their next purchase of (name formerly defective product). Class counsel to receive $350,000,000.

quote:

---

But I am guessing this was hourly because it was a business case. But don’t cry for them, they did well.

---

Probably hourly, plus a bonus if they won. Christmas bonuses should be big this year.

They could have been on contingency, but given the steep burden of proving actual malice it would have been scary to do so.

Once they got into discovery and saw all of FOX's dirty laundry, they probably wished they were on contingency if they weren't already.

quote:

---

My guess is FOX didn't have to make any public admissions beyond today's acceptance of the court's finding they made false statements. In exchange, Dominion gets to tell everyone how much money it got.

---

Since Fox is a publicly traded company, I would image Fox would have had to disclose such a large expenditure on their balance sheet.

quote:

---

Since Fox is a publicly traded company, I would image Fox would have had to disclose such a large expenditure on their balance sheet.

---

It would be categorized. Depending on how, it could be hard to quantify even an estimate.

You’ll obviously see the blip. Just won’t know how much that that and how much was other stuff.

So who pays the money and is it a bigger hit from a PR standpoint (viewership going forward) or the money up front? Rupert could write a check out of his cookie jar account in his kitchen. I am sure they have liability insurance. The BOD surely has substantial D&O insurance as I could see them having some exposure being as this reporting wasn't just one day. We know the dollar amount settlement wise but will we ever see how the settlement is divvied up. Any of you fellers been through one of these before?