ANZ 0.99% $30.69 anz group holdings limited

opes prime, page-25

  1. 490 Posts.
    It's also possible the banks have noticed that if clients chose litigation then they will have to give an enormous % of any court ordered settlement to a funded group of lawyers IF and WHEN they win. I can't imagine an Erin Brokovich scenario here.

    They keep mentioning "commercial" and "realistic". Funders fees and litigation risk are a part of the equation and that is just something people need to get their head around, I'm afraid.

    Sorry to be a wet blanket here but I think anything over $300m will definitely get up, $250m maybe, $200 probably not. Indignant whining will have no effect on the process at all, nor will threats of suicide, etc. The banks have heard it all before.

    Money and the reputation of senior bank officials (not the bank itself) are the only issues here,

    Good luck to all,
 
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