Quote from: id10tothe9 on January 11, 2014, 07:26:58 AM

ok I posted this reply on the voting thread, but since the discussion seems to be going on here I'll repost it here to avoid a "disscussion-fork" Grin

"does the option of legal action mean the guy who wants to take 40% of whatever we get back or are there other legal options possible?
because as much as I want to take the legal action way, paying 40% feels like being ripped off again and I don't want that either.
"

it seems to me from last WH's answer that we only have the 40% guy as the legal option, could somebody please elaborate on that, why can't we do something else? we have that HF email where they said they'll pay BTC back that must give us some good legal argument to work with?

It may be possible to find other lawyers who would accept a lower contingency amount, or a lawyer who would take it on an hourly basis rather than contingency, but either way it's unlikely that we'd find as well thought of a lawyer willing to take just our case and even more unlikely that we'd find such a person willing to do so for a lower contingency fee.

Also, finding another lawyer would mean WH would have to take the time to search out other lawyers and spend time interviewing them to find one that's good/willing to take the case.

Honestly, our best bet from a lawyering up perspective is to go with the guy that has already been found. He seems like a good attorney, and we have enough people willing to go in together that he's willing to take the case. A 40% contingency fee is a little high, but not unreasonably so. I'd prefer lower too, but it represents our best chance of getting the most possible return out of HF.