On November 30, Stuart P. Slotnick, managing shareholder of Buchanan Ingersoll & Rooney’s New York office, was quoted in a Bloomberg Businessweek article about Dominique Strauss-Kahn’s potential $6 million settlement deal.
The article reported that a lawsuit again Strauss-Kahn, former chief of International Monetary Fund, may be resolved within a few days. Attorneys for Strauss-Kahn disputed rumors that Strauss-Kahn may pay $6 million to resolve the suit, which was brought against him by a hotel maid who accused him of attempted rape.
Slotnick explained that if a settlement amount was reported in the press, it could hamper negotiations.
“If, for example, it’s true that Strauss-Kahn was to pay a significant amount of money but wanted to keep that confidential, and somehow a large number was leaked into the public domain, he may react emotionally and say, ‘I thought this was going to be confidential, and forget it; I’m not interested in paying a large sum’ because confidentiality was breached by someone,” said Slotnick.
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