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Re: True, but...

Posted by mls-stl on March 5, 2007 at 09:18:35:
> it can cost you a considerable sum of money in legal expenses
> defending yourself successfully against a libel suit...
Absolutely true. I'm in the commercial insurance business and have seen what the legal bills run for defending against baseless lawsuits. Many people with no experience think that you just walk up and tell the judge the other person is wrong and you're out of there.
Not quite. I recall once recent suit a client of ours faced. They won, but the legal bills for defense totaled approximately $750,000.
Some people think it'd be OK because the losing side can be made to pay the legal fees. First, that is not always true. In the case above there was zero reimbursement. Second, even if you could get some or all of your money back, that is an after-the-fact situation. You'd have to fund the defense costs up-front and hope that someplace down the road (perhaps years) that you'd get reimbursed.
So, it sure doesn't surprise me that no one would really wanting to be naming names on record.