Hon. George W. Gekas said "And if it comes under $75,000, at $62,000, or $73,000, or whatever, then the plaintiff would have to pay the--because the median figure was not met. Now I know the gentleman agrees with me when I say to him and I say to the Members, ``This stimulates and urges negotiation because, when we're sitting on the other side of the table, you and I, and I'm at $100,000, and you're at $50,000, and we know that $75,000 is going to be the point at which the attorneys' fees costs are going to be relegated, then maybe I will--well, look, I'll settle for $87,500, or you move it up to $62,500, that type of thing.'' Mr. Chairman, does the gentleman agree with me that that does stimulate a negotiation?" @ PoliticalQuotes.com

On the recordMarch 6, 1995

And if it comes under $75,000, at $62,000, or $73,000, or whatever, then the plaintiff would have to pay the--because the median figure was not met. Now I know the gentleman agrees with me when I say to him and I say to the Members, ``This stimulates and urges negotiation because, when we're sitting on the other side of the table, you and I, and I'm at $100,000, and you're at $50,000, and we know that $75,000 is going to be the point at which the attorneys' fees costs are going to be relegated, then maybe I will--well, look, I'll settle for $87,500, or you move it up to $62,500, that type of thing.'' Mr. Chairman, does the gentleman agree with me that that does stimulate a negotiation?

Said by

Hon. George W. Gekas

Pennsylvania

Source

govinfo.gov

Editor's note · Context

Discussing the impact of settlement amounts on negotiation during a committee meeting.

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