RE: Court case13 Oct 2022 17:31
Read the RNS 10th September 2019:
"The first hearing is to be held in the Venice Court on 6 November 2019
Under the terms the agreement, CL2017 has paid €50,000 to Sipiem to acquire the legal action from Sipiem and CL2017 will bear all legal costs going forward, which have been capped at €35,000. CL2017 will receive 70% of any monies recovered should the ruling go in favour of the plaintiff (CL2017). The law firm acting on behalf of CL2017 will receive a small contingency fee, based on funds received from the defendants, to be paid on a successful outcome. Sipiem will receive 30% of any funds received."