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Youonly - I’m with you on this. Lady Preska is no fool and she will have played every move already. Every time she has made a decision in this case the noose has tightened. I doubt she will change tact now as at the end of the day the plaintiffs, the people who matter, the guys who actually owned YPF shares have been royally stiffed…
Current president has asked Lady Preska to change date to stump up YPF as collateral to 10th Jan so he can say it wasn’t me who lost YPF .. if I was President elect I wouldn’t be happy with that and surely Lady Preska will see through this also..
Her next move will be very telling?
This scenario may not be the worst outcome as enforcement is likely to bring negotiations forward however I believe the new president and burford are already in discussion as Mr Molot has said “Burford to be part of the solution”
Seb tweet
- I extend my gratitude to the American Bar Association International Law Section for the invitation to address this intriguing and vital matter. It significantly influences not only the global business landscape but also the American judicial system.
Looks like a capital event plan is starting..
The Company has amended the employment contract of Philip O’Quigley, Falcon’s Chief Executive Officer, to increase the payment due under the change of control provision from one year to three years base salary (the “Transaction”). The Remuneration Committee believes this change will more align Mr. O ’Quigley’s remuneration with the strategic objectives and the shareholders’ interests.
Agreed well done Tom321 …. I wonder if he is still in bed or in the pub celebrating
Bought a small amount of these late 2021 at £3.81 and pretty much forgot about them when they dropped through the floor … it still feels like a win today