Uber Sees $100 Settlement Rejected But Wins Appeal of Arbitration Issue
The article, “Uber Sees $100 Settlement Rejected But Wins Appeal of Arbitration Issue,” featured in Legal NewsLine, discussed how the court’s rejection of Uber’s $100 million settlement offer, might have been the best thing that could have happened to the company.
“In a typical case when a court rejects a settlement of this magnitude, it would be quite typical for parties to continue to try and hammer out an agreement,” Rich Meneghello told Legal Newsline.
“They’d use the judge’s words as a blueprint for success, find out what it is that he or she was not satisfied with regarding the settlement and then adjust accordingly. Often times, it’s a matter or upping the value of the monetary value of the settlement and adjusting how the class would be paid.”
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