Winklevii Lose Again: Only Choice Now Is Supreme Court Appeal… Or Accept 'Just' $160 Million
from the poor-winklevii dept
Well, this is hardly a surprise. A month ago, Judge Kozinski told the Winklevoss twins (the “Winklevii”) that they couldn’t back out of their settlement agreement with Facebook and Mark Zuckerberg, which was worth “only” $160 million, saying, “At some point, litigation must come to an end. That point has now been reached.” However, the Winklevii apparently couldn’t just take their money and cry all the way to the bank, but asked the court for an en banc hearing (basically a rehearing of the appeal with all of the judges, rather than just a panel of three). As I stated at the time, I thought it would be a surprise if the court accepted this… and that was an easy call. The court has rejected the request without comment, meaning the only thing left to do is to appeal to the Supreme Court (well, or just take their $160 million…). Given how the Winklevii have acted up until now, it wouldn’t surprise me at all to see them try to take this to the Supreme Court, though I can’t fathom a situation under which the Supreme Court would care. This case was over a long time ago. It’s just the Winklevii who haven’t realized it yet.
Filed Under: alex kozinski, appeal, en banc, ideas, winklevoss
Companies: connectu, facebook
Comments on “Winklevii Lose Again: Only Choice Now Is Supreme Court Appeal… Or Accept 'Just' $160 Million”
Yes they will
Law360 reports that they will go to the Supreme Court. Not that the Court will take the case.
Re: Yes they will
I just wonder how long it will take to squander $160 million dollars on lawyers. I fully expect to see the Winklevii panhandling on Wall Street.
Re: Re: Yes they will
I fully expect to see the Winklevii panhandling on Wall Street.
Not likely, unless their father finally decides to cut them off and remove their ability to call on his lawyers.
it's all about keeping their names in print
The longer they keep their names in print, the more personal exposure those douche bags gain.
(Not to be snarky) But if they competed in a sport that was even remotely popular in their home country they may be contented with their own successes. Then again a billion dollars is a lot cooler than a million dollars.
Maybe those ginger twins are really just still bitter they will always be out shined by the much cooler flying tomato.
Not about the money?
Maybe it isn’t about the money. Of course, then they should donate what they get to charity.
Re: Not about the money?
Oh, of course they’ll donate all of the money…
Bwahahahahahahahahahahahahahahahahahahahahahahahahahahahahahaahahahahahahahahahahahahahahahahahahahahahahahahahahahahahaha
…oops, I just pooped myself.
I had to google who these guys were… yey for avoiding the film due to overhypedness.
Winklevii…lol
You can’t blame them. They’re just gambling other people’s money. If they gamble 1 or 2 million dollars on lawyers it could turn into hundreds of millions. I don’t think that what they’re doing is right, but it makes sense financially.