Ninjastic
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Board Mining (Altcoins)
Re: Swedish ASIC miner company kncminer.com
by
btcusury
on 23/04/2015, 14:01:39 UTC
Quote from: retro72 on April 23, 2015, 01:59:31 PM
Quote from: btcusury on April 23, 2015, 01:53:59 PM
Quote from: KnC-Justice on April 22, 2015, 06:33:05 PM
Will I get my retainer back? - short answer is you will, but from KNC

The retainer is non-refundable to our firm, however, you will be awarded your legal costs against KNC when you win, per swedish laws.

For example:

You bought a titan for $10,131.80. Paid $1,519.77 in legal costs (the retainer). You were awarded $12,000 in damages plus the $1,519.77 you paid in legal costs. You will then be able to recuperate your legal costs back from KnC.

Any legal experts here who specifically think this is viable / not viable?


Yes, that's the way it works.

I mean the whole class action suit -- as in, is there a high likelihood that it could succeed? (if not, the retainer money is lost, and KNC will have fucked us even more)