BAYER Insiderboard WKN: BAY001 ISIN: DE000BAY0017 Kürzel: BAYN Forum: Aktien User: Bay5anto

Bay5anto, ich hatte gestern was zum vertraglich zweigeteilten Vergleich geschrieben. Was meinst Du dazu?

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Warum konnte ein erfahrener Mann wie Feinberg nicht absehen, dass der Zukunftsdeal nicht durchgeht? Das Bayer da leichtgläubig war ok, aber mich Feinberg soll ja theoretisch neutral für beide Seite. Arbeiten und hätte das doch vorher mit Chabria testen müssen.

https://www.insurancejournal.com/news/national/2020/07/10/575125.htm

Scott Partridge, a Monsanto veteran who became Bayer’s general counsel after the deal was completed, decided to sidestep the lead plaintiffs’ lawyers (they’re called the plaintiffs steering committee), and open negotiations with dozens of other lawyers with large numbers of Roundup cases. Sure enough, with the pandemic having put everything on hold, they wanted to do a deal. Suddenly this intractable litigation gave way to progress, as one law firm after another signed on to a settlement outline that Feinberg and others helped craft. By April, Feinberg felt certain that a deal was close. And while it took two more months to get to the finish line, he was right. The final terms called for Bayer to pay about $9.5 billion to settle about 100,000 cases, with $1.5 billion more or so to handle various other issues, including future claimants. That still means 25,000 lawsuits haven’t accepted the terms, but Feinberg told the New York Times he “would be surprised if there are any future trials.” Besides, as part of the settlement, a five-member scientific panel will be established to examine causation — that is, does glyphosate truly cause cancer? Its conclusion will be binding, which means that the holdouts could get nothing if the panel rules that Roundup is benign, as Bayer believes it will.

Auch ganz interessant, wer es noch nicht kannte...

Jetzt muss Bayer hat liefern... kann sich halt noch einige Tage/Wochen ziehen bis eine mögliche neue Einigung gibt. Günstiger wird sie aber definitiv nicht werden.

Und dies hier noch aus seinem Eingangs-Statement ehe die Fragerubde offiziell startete: We continue to work on addressing the court’s concerns as expeditiously as possible but, given the number of parties involved and the complexity of the issues involved in these discussions, we cannot provide an estimate of the timetable for going back to the court, at this point in time.

Ich habe die zwei Antworten von Baumann zum Glyphosatkomplex mal heraus kopiert und hier eingestellt.

Unter Transcript ist der Original-Wortlaut der Analystentelko

https://www.investor.bayer.de/de/nc/events/live-events/q2-2020-telefonkonferenz/

Then let me come to the litigation. As I mentioned earlier, our approach has been and continues to be that we are shooting for a comprehensive solution. To the extent that you are following us closely, it’s very clear that Judge Chhabria is very supportive of the inventory settlement, so that’s not where the issue is. We are working on finding a solution that addresses the four major concerns that Judge Chhabria raised, in a new proposal that we are negotiating with the representatives of the futures class. We are optimistic and we continue to make progress. We’ll see what the next weeks yield.

Der Drecksladen hängt mir auch noch ne Zeit nach.

Okay, Michael, thanks for the question. Let me say the following on the interplay. We anticipate, in line with a comprehensive solution, the €4.5 billion that we have guided for, for this year. As I mentioned in my prepared remarks, we are working very hard on getting both pieces of that comprehensive solution activated. I fully appreciate and understand that not only you but most of us on the call would like to know more about it. We are in the middle of working with the representatives of the future class. We are working, of course, with our court-appointed mediator Ken Feinberg, who is in the middle of it, and actually helps both parties, but also is our line into Judge Chhabria to get a solution ready as soon as humanly possible, so that it can be presented back to the judge. Now, very importantly, we’ve always said that we don’t want to have a solution for the inventory without having a solution for the future. That of course remains the objective, while those two are not contractually bound to each other. We have two separate sets of agreements, but we are and will continue to focus on a comprehensive solution, addressing both the inventory and the future.

Von den ganzen Infos bin ich total erschlagen. Danke für die Meinungen usw. leider fehlen mir aktuell die Eier hier nachzulegen. Sind noch Nachwehen von WDI da verliert man das Vertrauen an Unternehmen die irgendwie nicht mehr aus der Presse rauskommen. Auch ein vermeintlich unterbewertetes Unternehmen ist nur das Wert was Leute dafür zahlen 🤷🏼‍♂️

Wenn Bay5anto seinen Kaffee zu Ende getrunken hat, ich will ihn dabei nicht hetzen😉, würde mich auch seine Sicht auf diesen Aspekt interessieren....