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<p>[QUOTE=&quot;Andrew5, post: 2441417, member: 74569&quot;]If Larry bought SEGS from someone else ( I don&#039;t know the history of the company) then he doesn&#039;t necessarily inherit their contingent liabilities.&nbsp; He would inherit certain warranties - but that&#039;s not the same as a guarantee. In fact, I&#039;d argue, if I were Larrys attorney, that these types of guarantees are &quot;mere puffery&quot; which is considered a term of art.&nbsp; Nobody really expects a windfall to be paid in these situations. And, let&#039;s be honest, there have been several very credible and plausible scenarios raised on this thread as to how one might calculate damages anyway.&nbsp; This would require a judge or jury (depending on the jurisdiction) to make a finding of fact. </p><p><br /></p><p>If Larry changed from a C Corp to an LLC then even though he&#039;s personally shielded from liability the corporation can be sued.&nbsp; But lawsuits are expensive and its in neither parties interest in this case to go to court (what?? A lawyer saying don&#039;t sue? Did hell just freeze over??&nbsp; Did the cubs just win the World Series??). Larry should settle because he graded th original coin.&nbsp; Olly should accept a reasonable settlement because we all know coin grading is highly subjective and its just bad karma to hold people to what is, essentially, an ephemeral, standard.&nbsp; </p><p><br /></p><p>You may commence with the lawyer jokes[/QUOTE]</p><p><br /></p>

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