RE: Monster Claim - STARTING at $2.2Bn!2 Nov 2024 08:34
Emmerson do not necessarily need to raise money to fund any arbitration or litigation. There are other financing options. The law firm might do the case on a "no win, no fee" basis and take a cut of the settlement and/or a third party litigation funder, such as Burford, could cover the legal fees in return for a percentage of the settlement. I agree there will be some more issuance to pay director's fees, but not a huge amount - we are talking about a few hundred thousand a year, and the market cap is now near 10 million.