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"Money is the sign of liberty. To curse money is to curse liberty--to curse life, which is nothing, if it be not free." -- de Gourmont

Tuesday, August 7, 2012

Judge orders Oron to pay 550K to Corbin Fisher

Corbin Fisher was asking for 38 Million, but the judge interpreted an offer to settle for $550,000 by Oron to be an enforceable contract.

Xbiz reports:

U.S. District Judge Gloria Navarro on Tuesday said that Oron attorneys indeed entered into an enforceable contract with Corbin Fisher counsel Marc Randazza last month.

"The settlement letter written by defendant was an offer, accepted by plaintiff when its counsel signed the letter," Navarro said in her ruling. "There was a meeting of the minds as to all material terms on July 5 when plaintiff agreed that the settlement would include dismissal with prejudice of [purported chief executive Maxim] Bochenko.