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SIGA Technologies Inc. Message Board

  • pagesus52 pagesus52 Jun 15, 2013 5:27 PM Flag

    justice has to be done!

    I don't think Parsons will back away from his original ruling. The reason it got remanded was that he had based his ruling improperly on the law of promissory estoppel. All he has to do now is apply the law on expectation damages, and he will reach the same conclusion. He may even award pip more. For those of you who think he will award none or less (70/30), you are being either delusional or in denial. In my mind, the 50/50 after first 40 million profits is the most equitable and brilliant award any judge can think of under the circumstances. siga backed away from the contract clearly because of coporate greed, which must be punished. pip must be awarded what it otherwise would have earned, period.

    that said, the best solution is for siga to start a merger talk with pip, in good faith this time, on a one for one basis, so both companies can prosper like they should 8 years ago. siga already outsmarted itself once. Hope they are not going to outsmart itself again.

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