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Technology Stocks : Rambus (RMBS) - Eagle or Penguin
RMBS 101.61+2.8%Dec 5 9:30 AM EST

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To: SBHX who wrote (72619)5/11/2001 9:22:18 PM
From: Dan3  Read Replies (1) of 93625
 
Re: If the contracts were entered into where one party actually knew...

The legal term is "fraud in the inducement" which means that one of the signers of the contract was induced to sign because of a mis-representation by the other party.

If "fraud in the inducement" can be shown, the contract is not binding.

The nice thing about "fraud in the inducement" is that, if it can be claimed, all terms of the contract are void. Including all the "fine print" which often has gotchas like penalties or requirements that one of the parties pay the legal fees of the other party in the event of a dispute. All terms of the contract are out if "fraud in the inducement" can be shown. And that Jury conviction for fraud on the part of Rambus should do the trick for Samsung, etc.

(I'll check those words carefully before posting them)

:-)

Dan
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