Acknowledging it absolutely has legal repercussions.
Taking ownership is positive when the other parties are interested in an ongoing positive relationship. If the other party just wants the maximum blood/retribution, it’s just falling on your sword. And in the legal arena, that can be a lot more literal than you’d think.
In this situation, Krebs could easily be completely bankrupted by Ubiquiti with a naive statement of responsibility. If he stated it particularly naively, he might even face criminal charges.
I doubt he’d go to jail, but if he was that dumb, he might say similarly naive things at a criminal trial and end up there.
Lawyers jobs include keeping their clients mouths shut so they don’t footgun themselves like that.
Even if no one at Ubiquiti had a particular axe to grind, they have no personal relationship with him, and have no reason to NOT try to get as much out of him as they can. One could argue that they’d be negligent to those they do have a relationship with (partners, shareholders, employees) if they didn’t go after him as hard as they could, as long as they didn’t cause a PR nightmare.
Taking ownership is positive when the other parties are interested in an ongoing positive relationship. If the other party just wants the maximum blood/retribution, it’s just falling on your sword. And in the legal arena, that can be a lot more literal than you’d think.
In this situation, Krebs could easily be completely bankrupted by Ubiquiti with a naive statement of responsibility. If he stated it particularly naively, he might even face criminal charges.
I doubt he’d go to jail, but if he was that dumb, he might say similarly naive things at a criminal trial and end up there.
Lawyers jobs include keeping their clients mouths shut so they don’t footgun themselves like that.
Even if no one at Ubiquiti had a particular axe to grind, they have no personal relationship with him, and have no reason to NOT try to get as much out of him as they can. One could argue that they’d be negligent to those they do have a relationship with (partners, shareholders, employees) if they didn’t go after him as hard as they could, as long as they didn’t cause a PR nightmare.