$NKTR jury had a note asking what the difference was in saying that there wasn’t a breach vs saying there was a breach but awarding nominal damages $1.
@BDM110110 The attorneys from both sides replied and agreed on how that question should be answered. Then he called in the jury. Judge told them the answer. Then dismissed. Judge then leaves along with everyone else leaves. Judge didnt say anything other than ask the attorneys for response
@sleepingbear84@Amy11621 I waited for two hours talking to people following the case. I was fortunate to be there when jury had a note. Doors opened,listened to judge and attorneys agree on an answer from both sides. Jury brought in jury read reply to note,jury dismissed. Then I left for my conference
@A_May_MD $nkt jury came back with a note. Asking what the difference is between saying there was a breach and saying there was a breach and awarding $1
@given2tweet Where were they trading when the deal closed, I just don’t recall. I was told this week that they traded at $.7 with the buyer still looking for more.
No later than three days after issuance of the mandate, the parties shall file a joint letter proposing next steps in these cases in light of the Second Circuit’s decision vacating the judgment of September 30, 2024, in 21-CV-4897 and remanding to this Court. $bmyrt
@given2tweet@Biohazard3737 Maybe you only do that when a ruling goes against you and company still fighting it. Oh well. Just glad we are moving forward.
@given2tweet@Biohazard3737 It’s been awhile since I looked but does BMY have any reserves set aside for a payout on this or anything else.?At some point don’t they need to put something on the balance sheet? Also if analysts believe this ruling is a legal catalyst. Maybe bmy will be feel need to settle.