Settlements, settlements, settlements.... public court records (as of 28Feb2012) for BTU Ventures, Inc. BTU Industries Holdings USA, Inc. Wael Al Mazeedi show that Wael is still trying to reach settlements in his US litigation.

Almazeedi has already reached a settlement agreement with Brian Murphy.

Public records (check the Betancourt and McBrearty court dockets as of February 28, 2012) indicate that Almazeedi is trying to reach settlements with the other people he's sued in the US.
Why, if Almazeedi is, as he always claims 100% correct and truthful, would he want to settle with the "nefarious" set of characters that were, as he claims, conspiring against him, plotting against him, trying to do all kinds of nasty things with his assets.  Why would he want to come to terms with these liars and scoundrels (per Almazeedi's hystrionics).
Maybe none of the sh*t he told the court was true.   If anything actually goes to trial and Wael is under cross-examination and testimony from certain witnesses is heard;  it would certainly shred all of Wael's truths.  WilmerHale would certainly look bad.  Leonard Learner would certainly look bad.  FoleyHoag would probably look bad.
  • Abdulmohsen Hayat would be very interested in the court proceedings.
  • Qatar Investment Authority would be very interested in the court proceedings.
  • Qatar National Bank would be very interested in the court proceedings.
  • Dubai Islamic Bank would be very interested int the court proceedings.
  • Evolvence would be very interested in the court proceedings.
  • Millenium Capital would be very interested in the court proceedings.
  • Etc. etc. etc. etc. etc. etc.
Aha, maybe that's the impetus for this rush to settlements.

Pssst.... We are pretty sure there is one person that will not settle no matter what...
Pssst.... Wael, it now only takes us 1 minute to get indexed by Google.