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Maryland's appeal of NC judge's verdict on Feb. 18th?
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Shannon Panther Offline
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Post: #21
RE: Maryland's appeal of NC judge's verdict on Feb. 18th?
(04-06-2013 03:10 PM)bitcruncher Wrote:  The court case was filed because Maryland said they weren't paying the increased exit payment. The original $20 million isn't in question. There is a difference...

We have come to a point of agreement. Maryland has not said they will pay the increased exit fee. That is why we are in court. Until the withhold exceeds the $20 million it isn't a problem. I suspect the ACC will place any amount in excess of that into escrow pending the outcome of the lawsuit or negotiated settlement.
04-06-2013 03:33 PM
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bitcruncher Offline
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Post: #22
RE: Maryland's appeal of NC judge's verdict on Feb. 18th?
(04-06-2013 03:33 PM)Shannon Panther Wrote:  
(04-06-2013 03:10 PM)bitcruncher Wrote:  The court case was filed because Maryland said they weren't paying the increased exit payment. The original $20 million isn't in question. There is a difference...
We have come to a point of agreement. Maryland has not said they will pay the increased exit fee. That is why we are in court. Until the withhold exceeds the $20 million it isn't a problem. I suspect the ACC will place any amount in excess of that into escrow pending the outcome of the lawsuit or negotiated settlement.
Six of one, half a dozen of the other...
04-06-2013 06:49 PM
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