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PE Preliminaries, page-82

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    They may get some scrap money from COP. But that is it.

    And to those who are outraged by the above statement.

    Let me present to you: Laches.

    Here is a link. https://en.wikipedia.org/wiki/Laches_(equity)

    Do you own research on it. Go ask Michael Cowie at the AGM on this, or FARJOY.

    Laches is a Legal Doctrine derived from the French (where this case will be heard). Basically, means FAR wasted her time NOT pursuing their legal claims early - they had more than 3 months to launch legal actions (but announced they "preserved their rights"), before the start of the Appraisal programs which JV parties (including WPL) spent over $100M. And only pursued it after the appraisal programs.

    That is LACHES!!!

    And if you want to check out a similar situation on Laches - go to the KDR and MZN forums.


    Last edited by Cosmoterios: 28/03/19
 
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