Blockbuster Customers to Be Reimbursed for Late Fees | Fox News
Sign in to comment!
Blockbuster Customers to Be Reimbursed for Late Fees
A state judge has approved Blockbuster Inc.'s proposal to settle a class-action lawsuit over late fees by issuing certificates for video rentals with a face value of an estimated $450 million. If the judge's ruling is not appealed, customers could begin getting coupons for free or dollar-off movie rentals in two to three months, lawyers who sued the video chain said Friday. Judge Milton Gunn Shuffield said in an opinion issued Thursday that the settlement would be an economic benefit for customers who were charged late fees from 1992 to April 1 of last year. Lawyers for Blockbuster and its customers estimated that 38.5 million people could receive discount coupons. It's unclear, however, how many of the coupons would be used. As a result, Blockbuster doesn't know how much the settlement will cost it, said spokesman Randy Hargrove. Kevin Buchanan, one of the lawyers who sued Blockbuster, estimated that the settlement could cost the chain at least $100 million, based on a company official's testimony that 20 percent of coupons were redeemed in a similar refund in Michigan. Some plaintiff attorneys had argued for cash rebates. But Rugger Burke, another plaintiff attorney who negotiated the settlement in Beaumont, said Blockbuster would have insisted on a less-generous settlement in cash. Blockbuster's general counsel, Ed Stead, said last year that the company preferred the coupon settlement because it brought customers back into its stores. The settlement allows Blockbuster to continue its current practice of charging customers for a new rental period when they return a tape late, lawyers said. But the judge's opinion upholds the late-fee policy, which could block future lawsuits over the issue, they said. Hargrove, the Blockbuster spokesman, said the company will keep its current late-fee policy. He said the company agreed to the settlement because it was "more efficient" than battling a number of lawsuits filed around the country. Until February 2000, Blockbuster added a charge for every day a rental was late. Both the old and new penalty policies were attacked in lawsuits. The settlement allows about a half-dozen law firms that sued Blockbuster to split $9.25 million in attorneys' fees. The judge said Blockbuster had negotiated a similar settlement with lawyers in Illinois but the deal collapsed over the issue of attorney fees. Blockbuster and the plaintiff lawyers who negotiated the settlement hope the Beaumont judge will issue a final settlement next week, which they believe would virtually kill other pending class-action lawsuits around the country. About 500 Blockbuster customers opted out of the Beaumont settlement and could sue the company on their own, but lawyers said that was impractical given the small amounts due to individual customers. In trading Friday, Blockbuster shares fell $1.07 to $20.50.ADVERTISEMENTADVERTISEMENT
Advertisement
Fox News Salutes
Advertisement
This material may not be published, broadcast, rewritten, or redistributed. &2014 FOX News Network, LLC. All rights reserved. All market data delayed 20 minutes.reimbursed解释为什么_百度知道
reimbursed解释为什么
非常着急！！谢谢大哥
提问者采纳
reimbursed偿还
提问者评价
知道了谢谢
其他类似问题
等待您来回答
下载知道APP
随时随地咨询
出门在外也不愁请问underlying loan payable/loan granted to be reimbursed/to be realized什么意思_百度知道
请问underlying loan payable/loan granted to be reimbursed/to be realized什么意思
A maturity table is maintained by the local treasurer or the local finance responsible in order to monitor interests to be paid / to be received and underlying loan payable / loan granted to be reimbursed /
提问者采纳
您的问题很简单。呵呵。百度知道很高兴帮助您解决您提出的问题。1、原文：underlying loan payable/loan granted to be reimbursed/to be realized
翻译：潜在的贷款支付/贷款获得补偿/去实现2、原文：A maturity table is maintained by the local treasurer or the local finance responsible in order to monitor interests to be paid / to be received and underlying loan payable / loan granted to be reimbursed /翻译：一个成熟度表是由当地的会计或地方财政责任为了监控利益被支付/接收和潜在的贷款支付/贷款获得补偿/实现;以上是最标准的会计行业知识的答案。3、外企会计不好当啊？呵呵。
提问者评价
其他类似问题
按默认排序
其他6条回答
原文：A maturity table is maintained by the local treasurer or the local finance responsible in order to monitor interests to be paid / to be received and underlying loan payable / loan granted to be reimbursed / to be realized。翻译：资产到期表由当地财务主管部门或地方财政负责控制，以监控利息的支付/接受，以及潜在的贷款支付/贷款补偿/利益实现。 朋友给力哈 哦也
资产到期表是本地的会计或地方财政负责，为了监控利息的支付/接收及潜在的借/贷收支情况。
一个完成的表是由地方财政或地方财政负责，以便监测利益支付/接收和基本应付贷款贷款给予报销/实现；
到期偿还表主要是通过本地财务主管和本地的财政负责，目的是控制利息的支付或者回收基本的外借支票以及借贷者及时偿还的意识。
承接可偿还贷款/担保贷款
基本贷款给予报销/实现
等待您来回答
下载知道APP
随时随地咨询
出门在外也不愁这个单词你近期已经查过5次了，小D建议你将它收录到单词本。
单词选择：
*原词reimbursed不存在，校正为[动词]原型。但存在 时　态：,,名　词：形容词：同：
, at，in，on100 at equal 1 kip in Laos x
时　态：,,形容词：同：
, , charge，price，fee，fare，cost，expenserequire to lose, suffer, or sacrificeThis mistake cost him his job名词解释：the total spent for goods or services including money and time and laborthe property of having material worth (often indicated by the amount of money something would bring if sold)the fluctuating monetary value of gold and silverhe puts a high price on his serviceshe couldn't calculate the cost of the collection
, , the cost in human life was enormousthe price of success is hard workwhat price glory?
好文推荐：