...what is to stop knc from simply appealing on up (till the heat death of the universe)...and or we having to pay more and more fees to the law firm?
Searing. I've seen you post this same statement a few times now. This is just FUD and not how the law works.
KNC can appeal the decision ONCE in the Appeals court (Appellate Court) THAT IS IT. In extreme circumstances where a legal precedent needs to be set a party can appeal to the Supreme Court. That is absolutely not the case with KNC.
They have only 3 weeks to appeal the decision from the date they receive judgement. Leave to appeal can also be denied, making the Judges ruling final.
So KNC cannot drag this out ad-infinitum draining the plaintiffs of their finances. It's just not possible. I wish people would do the most basic research before posting statements or making decisions that may cost them or other people thousands of dollars.
Read this if you would like more info on appeals or the Swedish courts system in general
http://www.domstol.se/Funktioner/English/Legal-proceedings/Contentious-cases/Appeal/@notlist3d I know someone posted Joakim was doing a no up front cost deal/percentage, but that is probably a spoof email/scam. As far as I'm aware Swedish law prohibits "No win, No fee" deals so the idea that the lawyers don't have confidence in the case because they won't work on a percentage does not apply here. But I would email them and ask.
Look, if you don't feel you have a strong case and its not worth the risk, sit this one out. Personally I think KNCs case is extremely weak on so many fronts, morally and legally and I'm prepared to put my money where my mouth is. I'm certainly not going to roll over and let KNC shaft me. I've never let anyone do it the past. I see no reason to start now.
As for notthematrix. I sure people here have enough sense to dismiss whatever that fool has to say regarding this or anything else quite frankly.
Do you're own research and come to your own conclusions.
ok I stand corrected..on this case did they ever put a limit on what the amount you can LOSE if KNC wins the case...say on the 'us miners were a business' argument...and what is this security bond....? I can't find anything even in ball park terms...so if knc for example (this is just my paranoia here) was to blow crap loads of money on lawyers for this ie high priced law firms i'd guess (50 people 10k a pop that is 500,000 bucks) and they WIN.....I'd just be kinda annoyed shucking out another 10k to them and the loss of the 1.5k retainer
I also had no luck finding the page for the online request to join the class action tonite when i tried so unsure what is up with that ..it just let me register to the site sent me
perhaps they expect me to call them with such questions..but the site was not clear enough on risk reward etc with the whole process imho at least on this type of pay up front class action