For some reason I frankly don't understand, Jesse Jordan's settlement is in the news once more, which is leading his particular settlement being reported all over again. Not that the re-reporting is a bad thing itself. The free-speech side needs all the help it can get.
Anyway, deep down, in a huge discussion on his site http://www.chewplastic.com/ , are his comments on why he settled, paying his life's saving of $12,000, versus the cost of fighting a lawsuit. I find them cautionary:
By Seth Finkelstein | posted in activism , copyblight , legal | on June 11, 2003 08:14 AM (Infothought permalink) | Followups
*Re: Review, cont'd.* (Score: 1)
by chew on Tuesday, June 10 @ 16:08:36 EDT
Actually, almost all of my legal advice indicated to me that I would be able to win this lawsuit. If I won this lawsuit, I would be in for much more than just $12,000. Defending a lawsuit of this size would cost $250,000 at a minimum, so I'm told.
Even if I win... I get nothing back from them. If I lost? I would have to declare bankruptcy after giving up all of my money anyways, and I would have a judgement against me. Going to court in this sort of lawsuit (where the defendent is not a company and did not profit from its operations) is a lose-lose situation.
For the RIAA to take all my money in a settlement is very nasty of them. Even so, it was my best choice - as they did not give me any other.