That is the first time I've heard the theory that the lawsuit might be a sort of stealth way of Benchmark getting on the record as not having anything to do with the current Waymo issue. Does anyone know if a board member can separate themselves that way from a suit in order to shield themselves from damages?
If I understand the risk correctly it would be that Waymo prevails, gets a huge damage settlement which the company has to pay, but doesn't have the cash to pay so the board of directors have to go to their resources to pay. Is this understanding correct? Does anyone have a precedent for this? I'd be interested in reading it if they did.
If I understand the risk correctly it would be that Waymo prevails, gets a huge damage settlement which the company has to pay, but doesn't have the cash to pay so the board of directors have to go to their resources to pay. Is this understanding correct? Does anyone have a precedent for this? I'd be interested in reading it if they did.