Chapter 318: Messing with the Wrong Person
After the meal, I had a private discussion with the old lawyers assigned by the law firm, and several lawyers worked overtime until late at night, and the next day, someone went to Atari in Silicon Valley to sign the contract with Atari in Silicon Valley.
In the afternoon, after learning that he had signed and accepted the check with a denomination of only $800,000, Han Chudong happily asked someone to help re-rent the venue, and let the people of Silicon Valley Mason Venture Capital assist in completing the overall relocation of Aurora Games, and the secretary's office was responsible for following up on the handover of material suppliers and patented technologies.
All in all, Han Chudong completely won the Aurora Game Company in one fell swoop, you must know that after nearly a year of research and development work in this company, the home game console product has almost completed the research and development, and it can be mass-produced and listed after the preparation is completed.
Originally planned to start mass production before Christmas last year, but in the final test, it was found that it would cause damage to the television graphics parts, and after this defect was overcome, it was able to be officially put into production in the near future, which shows that Bushnell has indeed made great concessions in order to protect his own interests.
Is this the end of the matter?
Of course not, since Bushnell is unruly, Han Chudong feels that he doesn't need to be too polite, and has quietly prepared to use the shell company to short Atari after its backdoor listing.
When asking the lawyer to draw up a confidentiality agreement, he deliberately left them a loophole that could be exploited, Han Chudong only promised not to declare that Atari had a bad performance and was facing negative news such as strong competition, but he did not say that he could not pay money to short the company, if the operation was done well, maybe he could take advantage of the opportunity to earn back the more than 5 million US dollars of research and development funds that were invested in Aurora Games last year.
Since cultivating the habit of seizing opportunities, he will always consider the pros and cons first, just like this time, in fact, Han Chudong was ready to fight back before meeting, and with Aurora Game Company being controlled by him, there is no need to care about what Bushnell thinks.
Bushnell offended Han Chudong again and again, which can be regarded as really messing with the wrong people......
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It's true that the strength has become stronger, but there are always some barefoot people who like to do everything they can to take advantage of loopholes.
As long as they find the slightest negligence, they will bite the bullet and file a lawsuit with the court, using the punitive damages mechanism to try to obtain a large amount of compensation, and the final result will mostly end in an out-of-court settlement.
Last year, the entire Mason United Group spent more than $7 million on litigation and compensation, and also sued the infringing party and some people to make up for certain losses, but in the end it was still a big loss.
Americans like to sue big corporations, because winning a lawsuit or settling out of court can bring a lot of money compared to a small amount of litigation costs, and it is likely that you will not get back the money you will not earn back after a lifetime of hard work.
Not to mention that some lawyers, for the sake of their own reputation and interests, even help the plaintiff initiate a lawsuit for free in some cases with relatively large certainty, and if they lose, they will lose, and if they win, they can get the agreed remuneration in advance.
This kind of incident is not only encountered by Han Chudong, other company bosses will also feel a deep headache, today just because of Bushnell's concession and happy, more than half an hour later Han Chudong received news that the Mango Toy Company lost a case, the amount of compensation will be as high as more than 1.2 million US dollars, the cause is just a 16-year-old boy, swallowed the wheel of a four-wheel drive car and stuck his trachea, and finally held back to the lack of oxygen supply to the brain, became a vegetative person.
"How can you lose, sixteen years old is not young, don't you know that you must not put a toy in your mouth? Even a child of five or six years old understands that he can't do this, why would he lose the lawsuit?"
Hearing Han Chudong's questioning, Mr. James Mancuso, the senior partner sent by the law firm, was very helpless, and he guessed that the meeting process was likely to be difficult before he rushed to report the news, and now it seems that this is indeed the case.
James Mancuso, sitting across from his desk, replied in an embarrassed tone:
"Although he is sixteen years old, his intelligence is only about six years old, he has been tested in the hospital before, and he left a supporting document, I went to the hospital to check, it is true, and the surrounding leaders also know it.
We've worked very hard and we thought we could win the case. However, the jurors were sympathetic to the plaintiff, believing that a single mother, who had no health insurance and was going to take care of her son, who might never come to his senses, and the opposing party's lawyer was very good at making them believe that it was because of the size of the parts of the racing toys and the easy falling off of the parts that led to the tragedy. ”
An already miserable teenager swallowed toy racing car parts and became a vegetative person, Han Chudong certainly thought it was worthy of sympathy.
But sympathy is one thing, in this case is lost, and another thing, four-wheel drive racing toys are only sold to children over eight years old, the big "8+" is written on the packaging box in red font, and the safety risk reminder is also indicated, it is recommended to use it accompanied by parents, everything is arranged in accordance with the toy association and express regulations to arrange production and sales.
Mango Toy Company's sales are high, and it is not the first time that accidents such as accidental swallowing and scratching have occurred, but it is the first time that such a high amount of compensation has occurred.
Han Chudong felt very wronged, and told: "Look at my desk, plastic bottle caps, pen covers, lighters, even the knobs of table lamps, and the buttons of telephones are all swallowed after falling off, causing the risk of suffocation. The reason is clearly on the other party, since you know that your child has low intelligence, you should better play the responsibility of guardianship, when you buy toys, you don't think about your child's situation, when you go to court, you remember, it's really difficult to do business, alas. ”
He continued to ask lawyer James Mancuso: "If I appeal, what is the chance of overturning the case?
"The chances of a successful appeal are very high, we will assemble a more rational jury team, and as for the product recall, I have to go back and look into it again to see if there are any loopholes that can be exploited. ”
After saying this, James Mancuso hesitated for a moment, and finally reminded him: "Mason, your recent exposure is too high, everyone knows that you have money, and since we bought that plane, the lawsuit we are facing has directly increased by more than seven times." I think it's better to reduce the settlement, even if there is a high probability that you will lose the case, it will take a few years, so that people can understand that you are not easy to mess with, especially those lawyers, as far as I know, lawyers like to trouble you now, because they are likely to earn more. ”
I really haven't thought about it from this angle, and I usually don't pay enough attention to the company's legal department, Han Chudong was stunned for a few seconds, and replied: "Do whatever is beneficial to me, you know better than me in this regard......"
Return to Los Angeles