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SIGA Technologies Inc. Message Board

kageglantz 2 posts  |  Last Activity: Nov 24, 2015 3:18 AM Member since: Feb 17, 2005
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  • Reply to

    listened to oral arguments to the SC

    by jockne40 Nov 20, 2015 11:54 AM
    kageglantz kageglantz Nov 24, 2015 3:18 AM Flag

    BARDA did not even exist at the time of the breach of faith. It came into existence that Dec. of 2006, and it did not even issue its Strategic Plan until Oct. of 2011. That plan articulated the principles, goals, and strategies it would then use to develop medical countermeasures. So we are talking about an award relying on earnings that would come from a govt. body that did not exist, a body that would be guided by principles that did not exist. Anyone who says that the award was NOT speculative is talking through their hat. Period.

  • Reply to

    Oral Arguements

    by hickmonster2002 Oct 7, 2015 3:05 PM
    kageglantz kageglantz Oct 8, 2015 8:48 AM Flag

    Alpha, pharma deals and legal awards are two very different animals. One can be based on hopes and suppositions, the other (in the case of expectation damages) is supposed to be based on concrete sureties at the time of the breach.

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