If you read yhoo's press release they say the claims are without merit. Did they not know of the suit before hand? In mexico do they give awards before the suit goes full cycle? Yahoo said its a non final judgment? Since when do courts had out judgments that are not final? The press make it sound like yahoo will hand over 2.7b next week. Comments anyone
How the Mexican judge arrived with that huge amount. I am not sure what the company market value. More so the company revenue versus the award money of $2.7B. This is just unbelievable non-final judgement awarded money.
True it is a non-final judgement. But, there is a big difference between US and Mexican laws. The laws of Mexico are based on Spanish law. If a case is filed against you, you are guilty and subject to the courts ruling accordingly. You are deemed guilty and you must prove your innocence. I am not sure of the length of time before the court makes a final ruling but that which i am familiar with is a term of five (5) years. Spanish based law is a little different and totally bias to the first to file.