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Fox avoids trial for last-minute $787M settlement with Dominion, < than half 1st ask


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Posted
2 hours ago, TheHiveMind said:

How do lawsuits work? I know of someone that got sued (lost in court and was order to pay) and never paid and nothing happen to them and after 7 years it doesn’t even show up on their credit report anymore.  FOX News won’t also pay a penny :toofunny3:

From my understanding, settlements are different from going to court and winning a suit. If you settle with someone, both parties sign a legally-binding contract that says one side will pay x amount in exchange for the other side to basically go away. Also, civil cases with people being sued are a lot different from huge corporations.

 

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Would've preferred them to keep pushing, but I get why they settled. That is a ton of money. :jonny: 

Posted

This is a great outcome for Dominion. 99% of civil cases end in settlement, often hours/days before trial (or minutes in this case :rip:). Dominion got halfway to their initial demand without the uncertainty of a jury trial where they could've lost with zero. And they forced Fox to produce a huge amount of incriminating discovery, that can be used for future litigation against them and has already badly damaged their public reputation. The plaintiff and the public win.

Posted

:deadvision:

 

Posted

“If your business model is to tell lies so that you’ll get viewers and have lots of advertising revenues, then, odious though this business model may be, the tax system’s job is to tax you on the profits that you actually make from it,” Daniel Shaviro, a professor of tax law at NYU, told The Lever. “And those profits are indeed reduced when you are successfully sued by the victims of your malicious falsehoods.”
 

makes sense 

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