Sunday, January 24, 2010

USCF Lawsuits Settled!

Good news for both USCF and Susan Polgar, the lawsuits between the two have finally been settled. USCF released a statement which suggests that the settlement was mostly in USCF's favor. Here are some main points.

1) All named parties except Gregory Alexander and Sam Sloan have agreed to dismiss all claims and counter-claims.
2) Polgar and Truong acknowledge that they are no longer USCF EB Board Members, they will not contest the decision of the board of delgates to expel them, and in the future will not run for or accept a leadership position in the USCF.
3) USCF receives $131,000 from their insurance company to help pay legal bills.
4) Susan Polgar's attorneys receive $39,000 from the same (USCF's) insurance company

In a lawsuit like this, everybody loses. Neither Polgar or the USCF will be receiving enough money to cover even half of their legal fees, so both are worse off then when they started. Time to put this huge mess behind us.

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