Re: What should we be writing to Judge Frank J.C. Newbould?
in response to
by
posted on
Mar 28, 2012 01:15PM
Crystallex International Corporation is a Canadian-based gold company with a successful record of developing and operating gold mines in Venezuela and elsewhere in South America
My thoughts on what I was going to fax the Judge was something along the line that managements take should be set at 2.5% up to 1 B award and 5% on any amount above that, based on amount net of costs. Salaries, bonus, etc would be deducted from their award.
That should give them more than enough incentive, especially to hold out for a larger award. At least I'd be happy to share a 25 million to 75 million pot.