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Will add though that only reason why it might not be, is if Frr have been feeding crap all this time of which as Hopeless is fighting tooth & nail for it that is very unlikely.

Ivy
Thanks for that bit of Info & on reading it would think it will be signed of which will give Frr up to the 12mths mentioned to pay off L/Notes.

Overall, if Frr can sign the declaration on paying off L/Notes in 12 mths & court are happy on it then at moment that is most important thing of which should find out late Tues/Weds morning.
Will say what mentioned earlier & that is Hopeless has not really put in a defence against claim by Frr. On that it has be said that he has in a way admitted that in a court document.

28 May, is Tuesday.

On as far as the declaration is concerned Frr need to show that paying off the L/Notes looks good, maybe very good over the 12mths.

If above is confirmed the claim already looks to be in Frr's favour, as most if not all hopes defense has been on saying that Frr have defaulted & the claim, is not really about that, but about him carrying out his duties as a member of the BOD.

Above, is how I see it.

On Frr winning their claim against Hopeless then anything awarded to them can go towards the pay off or maybe pay off the L/Notes completely & still have a nice looking amount of $s left.

In the end though we need to see that Frr have signed the declaration to the court by Tuesday 28 May & on that coming about then Frr should be looking to be in a fairly strong position for the claim, if not strong one.

Madp
Agree that if Frr can show the court that it can pay off L/Notes within 12mths or pay the the amount into Escrow then the full trial will be down to the Frr claim against Hope & its cronies.

Agree that hearing via jury, is more in Frr's favour.

OLAD
Agree

As Frr have done a good bit of talking on funding, as mentioned they now have to show proof of it. There though is still a chance of Frr gaining the injunction going on Avi8 good post

One thing is absolutely certain & that is Frr now have to deliver.

Just read post from Zen & he says 28 May of which, is next Tuesday.

Going on what Hope said in one of the emails that he thought, along the lines that Frr was on its way to looking good/very good, also Frr have the $s for the lawyers + work on the ground would think that production now, is going well.
The signing of the declaration, has to be completed sometime in May I think of which there is only 6/7 days left?

Avi8r
Great post & makes a good bit of sense.

If the is none of above

If there is no now of above then the main course would only be worth waiting on, if jury award Frr a very nice looking amount of $s & dont mean the $56M claim. As the offloading of assets would have been done by August.

Risk goes in favour of reward on Frr % wise if getting injunction, but that is what is not certain at moment.

2nd that one & thank you from me.

Would say that also tells the court Frr would be closing in on paying full payment on L/Notes.

Would be the cherry on top, if Hopeless was given b&b for a year or two.