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By the time litigation is completed, the anger -- if not the accusations -- becomes reality.
"Over time, litigation will slowly bleed a company, so you want to stop the bleeding at the earliest possible moment," Mr. Venditto said.
And the prospect of immediate payment that saves time, litigation costs and hassle would give victims an incentive to accept.
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The quarters non-GAAP figure excludes a stock-based compensation expense and related tax effects, while last years period excludes a stock-based compensation expense, a one-time litigation settlement expense and the related tax effects.
By 2004, says Essner, American Home will have $20 billion in sales, a 50% increase over 2000, and $4.6 billion in profit, up from $2.5 billion last year (before adjusting for one-time litigation charges and asset sales).
At the same time, the litigation was allowed to continue.
"But arbitration can be cost-effective and usually takes much less time than litigation".
At the same time, baseless litigation brought by landlords in Housing Court is sometimes withdrawn before being adjudicated.
Only the Beach Boys seem to have spent more time in litigation with each other than Bucks Fizz.
It was the biggest bankruptcy case of its time, and litigation surrounding the case continued well past the turn of the century.
In 2003, he pushed for the creation of the Texas Residential Construction Commission to settle the mold disputes, saving everyone a great deal of time and litigation expense.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com