Ever wonder what value there is in parties participating in post-judgment mediation? After all, a judgment has been entered in favor of one side so “why should I mediate; I already won?!?”
In an earlier post I wrote about “mid-judgment mediation” in the litigation involving Ron Perelman and Morgan Stanley & Co. Now that the jury awarded him $850 million in punitive damages, in addition to the $604.3 million dollar compensatory award, Morgan Stanley has said it will appeal.
Why discuss settlement? According to this Associated Press article there are several reasons both sides should consider it. Hmmm!
No blogging yesterday due to “technical difficulties”!
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