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Originally Posted by Iowa_Flames_Fan
Interesting. Have to think there is an undisclosed financial aspect to this settlement but honestly who knows what that looks like? Niemann won’t have had a ton of leverage given the dismissal of his action with prejudice, though presumably he still had some options on appeal.
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I personally doubt there was a financial component. I don't think he had a realistic chance of winning anything in court. Reinstatement to be able to join Chess.com events is a good result for him, as it re-opens the door to some significant chess events and the fact that they are willing to let him play in all events is probably the best he can get in terms of a chance to start rebuilding his reputation.
The fact that they are not walking back their previous reports and statements at all speaks volumes, imo.