California Case Update

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My understanding from Kier and Mikes initial opening statements, this is not even on the table as they learnt the first time round. This is their baby now... not a company for sale to the highest bidder so they can drive it into the ground like last time round.

I'd like to believe that too, but they are a startup, they're in it to make money to have a life. If they tell me they will *never* sell XenForo; I can't believe them.
 
My soul is now for sale, it shall go to the highest bidder, or the person that feeds me Reese's, Nacho's, and Steak dinners for the rest of eternity.

Do you realize how tired you can get of steak? Steak three times a day for an extended period of can get one really wanting something else.
 
Do you realize how tired you can get of steak? Steak three times a day for an extended period of can get one really wanting something else.

I never tire of steak, especially with A1 sauce, plus I said dinner :P, Reeses and Nachos the other two meals a day.
 
Well the way I look at it, imagine your offered millions for a relatively new but "very successful" start-up company. Meaning you never need worry about money "ever again", your a multi-millionaire and could start another new forum software company weeks later. If that fails, so what big deal, your already mega rich now! I know which I'd do, purely for the sake of never having to worry about paying the mortgage, bills and having ample money on tap for the rest of your families life. You can still try and do it all over again, but now as a rich person without worries.

Nothing is guaranteed to carry on being a big success story for you, something you have to weight-up when a very tempting offer comes along removing all financial burden for life. Your company could start going downhill after that, you never know what's around the corner. Anyone who says they would never sell "based purely on morals" is quite naive.
 
I never tire of steak, especially with A1 sauce, plus I said dinner :p, Reeses and Nachos the other two meals a day.

Work on a ranch. You will see beef, you will eat beef, you will haul hay, you will eat beef, you will push cattle, you will eat beef, you will work round up and there will be cow on a spit where you will eat more beef, you will give injections, and eat more beef, you will drop salt blocks and eat beef, you will repair stuff and eat beef, you will sleep outside around live beef and you will eath beef. You might wonder if the steak you are eating was from the head of cattle that always like to be under that pecan tree and you will eat beef. You will see a rabbit and say, boy that looks good for a change of pace.

Do you know why you will eat soo much beef. It is cheaper since it does not have to be tranported, and has not had to go through several hands to make it to market. Beef on a ranch is very plentiful and all around you. Have another steak. Arrrgggghhhhh, I was once soo sick of steak. Can I have some chicken please?
 
your a multi-millionaire and could start another new forum software company weeks later.
Unfortunately, being bought out also comes with non-compete stipulations. It is the one legal way to get a person out of an industry who cannot use the "right to work within their trade" as a defence in court because they accepted to be monetarily rewarded in advance.

I could see where IB was trying to go in this case in raising their bonus payout to Kier, in an attempt to try and use that as a monetary value for non-compete, though unfortunately for IB, you cannot use a bonus payment how you see fit... it is just that, a bonus payment for doing a good job, it does not come with legal stipulations for non-compete where you're literally bought out and sign that right away for a period of time.

Just another of IB's silly tactics to try for.
 
Anthony Parsons said:
Unfortunately, being bought out also comes with non-compete stipulations. It is the one legal way to get a person out of an industry who cannot use the "right to work within their trade" as a defence in court because they accepted to be monetarily rewarded in advance.

Yeah, I was only using that as an example really. You could of course do just about anything else you wanted.

Anthony Parsons said:
I could see where IB was trying to go in this case in raising their bonus payout to Kier, in an attempt to try and use that as a monetary value for non-compete, though unfortunately for IB, you cannot use a bonus payment how you see fit... it is just that, a bonus payment for doing a good job, it does not come with legal stipulations for non-compete where you're literally bought out and sign that right away for a period of time.

That was my view at the start, obviously though things have moved on since involving all sorts of other stuff. Like "Mert" suddenly getting dragged into it and what ever else coming later, there's been so much? Now I'm of the opinion they want to drag it on for long as possible using anything they can until something does eventually stick their way, that's how IB make it look anyhow.
 
So what would happen if XF just decided to stop defending themselves against IB "in the US court case", not the UK one. Obviously it would mean they lose by default, but what's the worse scenario that could happen seeing as they are a UK registered company, not US. And none of it's main owners are US citizens in Kier, Mike and Ashley.

Just curious?

Sales to US customers are banned?

Kier stated that they will comply with the US decision.
 
Didn't say this could get any better, or worse? Hello Third Amended Complaint.

From the Plaintiff. I'll put the files up soon. Not as easy from my iPhone.

WHEREAS, on October 21, 2011, Plaintiff filed the Second Amended Complaint in the instant matter;
WHEREAS, on February 29, 2012, Defendant Michael Sullivan (“Sullivan”) was served with the Second Amended Complaint and Summons;
WHEREAS, Sullivan’s response to the Second Amended Complaint is due by March 21, 2012;
WHEREAS, Plaintiff is preparing to file a Motion for Leave to File a Third Amended Complaint (“Motion”) that, if successful, will alter Plaintiff’s claims against Sullivan;
WHEREAS, the parties agree that it would be a waste of resources for Sullivan to file a responsive pleading given Plaintiff’s prospective Motion; and
WHEREAS, the parties agree that good cause exists to extend the time for Sullivan to file a responsive pleading by thirty days, to April 20, 2012.
IT IS FURTHER STIPULATED AND AGREED that between now and April 20, 2012, the parties will seek leave of Court to allow Sullivan to file a responsive pleading either 21 days after Plaintiff files the Third Amended Complaint, should the Court grant Plaintiff’s prospective Motion, or 14 days after the hearing on Plaintiff’s Motion, should the Motion be denied.
 
Shamil - can you be a bit more clear about what this means exactly?

Thanks... for us brain dead people when it comes to courtroom jargon. :)

A Third Amended Complaint is coming and IB hope to file to leave to make this amendment.

The amendment will contain alterations to allegations against Mike.
 
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