RE: FIC v SN, ZM update - "Motion to Delay Proceedings"17 Feb 2022 07:55
Lifeishard - I’ll have a go, but like you, it’s very easy for me to get my court cases confused.
I think that it is indirectly good for us. This case from memory is regarding the guarantees that both Steve Nic and Zaza gave on the company’s behalf - again from memory they put up their own shares and/or money to guarantee that the company was viable. Hope, by now effectively in control of FIC, then sued in the US to make them pay up.
So although not directly related to “our” FRC, it all plays into the bigger picture.
Feel free Looed to contradict me if I’m talking rubbish and have got my court cases all mixed up!