or Connect
New Posts  All Forums:

Posts by Maestro64

no they can not, Chapter 11 own deals with creditors not any agreements between companies. The courts will decide who will get paid and who will not and who will end up with what assets. They can not break any contracts. Grant it, I believe GTAT is making every effort to force apple to terminate the agreement, even than Apple could still walk away with everything they need. Most contracts has language which says licensing rights survive even after termination. This could...
This is just another attempt by GTAT to get Apple to pay them more money for their screw ups. They are using bankruptcy court to blackmail Apple.
Absolutely do not believe anything that Matt Margolis says, the guy has not clue, he was the biggest GTAT cheerleader out there and he not talk about how much he made hyping the stock. There was no apple was using this for phones, the whole yield thing was red-herring Matt was using to divert attention away from the fact he had no idea what is talking about. The guy has no technology background so lack and skill to determine if it was even technically feasible to use...
Actually the judge is sending both sides a message with his overly simplify view of what happen. When you know the issue is more complicated and the person who is going to make the final determination is overly simplifying it, then it say you better work something out otherwise, you both may not like the outcome if the judge has to decide.
Actually doing business overseas is far worse, most overseas companies sign these kinds of deals knowing full well they have no plans to honor them. If something goes bad they just bankrupt the company and start up a new one under a new name. It is done all the time, if they are a large company they set up shell holding company in so country with no assets, the holding company signs the agreement and if something goes bad then you stuck dealing with a no assets holding...
What I fine interesting about this, and Jimmy said it, Beats already had deals in place with individual player to have them use and wear their products as part of them playing Football. Then the NFL does their own deal then fine players because they have their own separate deals. I wonder how that will play out count. Remember that Motorola was the supplier of the two way headphones for a very long time, last year the NFL replace the Motorola products with a no name and...
Except that Sony is better. most audio engineers have been using Sony Studio grade headphone for a very long time. I have a pair which are 25 yrs old and my kids use to fight over using them in long car ride when they would listen to music or watch movies. Sony has always made great sound products. even their consumer products are a step above due to Sony Professional grade experience. What I found funny is that the last yr Jimmy was on American Idiol he had all the Sony...
Just to be clear, these agreement are not out of the normal, actually I would say they are well done, and make it clear what is expected. It does not have too much legal mambo jumbo such that you cannot tell who has what risk and what happen is things go wrong. Case and point, if the supplier can not meet demand required they have to notify Apple immediately and then provide daily update on status and action plan. It not say really bad things will happen if they can not...
no it is not, they just trying to keep what is know as trade secrets, from public eye, these request are usually granted unless their a great good argument that the general public needs to know. The judge is over simplifying, to make his point to the lawyers, 
The negotiation powers may be swing in GTAT favor, but have to wait and see what the finally decision is, we know that Apple probably have better lawyers then GTAT. For those interested in seeing the MSA, http://www.sec.gov/Archives/edgar/data/1394954/000110465913082405/a13-19507_1ex10d1.htm and the SOW http://www.sec.gov/Archives/edgar/data/1394954/000110465913082405/a13-19507_1ex10d2.htm
New Posts  All Forums: