RE: Court case update. What does it mean ?6 Mar 2021 12:51
My understanding is that Xs power brought the assets/equipment of Ioxus, now the question is for how much? I guess not a lot, £100,000 maybe, I have no idea. However the argument is that the assets/equipment could be OURS. The case against Ioxus was brought before the sale of the assets.
I can see XS power having to give us the ‘assets’ or pay the £5m Ioxus owe us.