Monday, April 11, 2011

More Winklevoss

For all of the bad shit that "The Social Network" said about Zuckerberg, it was worthwhile to prove what worthless business competitors the Winkle-vi were, at least to the 9th Circuit: The Winklevosses are not the first parties bested by a competitor who then seek to gain through litigation what they were unable to achieve in the marketplace. And the courts might have obliged, had the Winklevosses not settled their dispute and signed a release of all claims against Facebook. With the help of a team of lawyers and a financial advisor, they made a deal that appears quite favorable in light of recent market activity............ For whatever reason, they now want to back out. Like the district court, we see no basis for allowing them to do so. At some point, litigation must come to an end. That point has now been reached.

No comments: