Originally Posted by Douglas
I am being asked to settle a lawsuit for a nuisance amount, e.g. south of $10K, for something that is going to take me at least $30K in legal fees to defend if it goes to trial. (We've already spent like $80K) Could be worse if we have to appeal, but we appear to have an ironclad legal argument that will prevail on appeal even if we get screwed by a jury. In fact, we are no longer even defendants; we were let out of the case after a successful motion for dismissal. The only defendant left is our employee, but we are paying for his defense so as not to leave him twisting in the wind.
Even a $10K settlement, however, would put a few grand in the pocket of a convicted unemployment insurance fraudster who we have on tape at deposition saying, repeatedly, that he will do anything, say anything, even lie under oath, to get money, who sued us after temping here for less than three weeks.
The case was taken by an unemployed fresh law school grad on speculation, who has now been employed by a firm and told to get this thing done. He hadn't even made a settlement offer, not one, even at mandated settlement mediation.
I don't want to pay it. I want the pyrrhic victory. But it is stupid to do so. But it is also infuriating to think that this guy would see a penny.