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clock Created with Sketch. 29/06/22
16:21
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Originally posted by ChillingOut:
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Good afternoon. I see that things are starting to warm up a little - at least in one matter. That said, there's not really any incentive for ASX to try to settle the other case. Certainly not in the foreseeable future. ASIC v ISX matter is now first up, that will in no small way inform the settlement prospects and strategy adopted in the later ISX v ASX matter due to the commonality of a number of issues to be determined. At the very least, you'll get a good look at several witnesses and a fair chunk of evidence relevant to the later matter. No doubt the ASX legal team will have a watching brief over the earlier hearing. If it goes well for ISX/Karantzis, the prospects of settling the later case may be enhanced. If it doesn't, then the ASX may be reluctant to engage in any meaningful pre-trial discussions, particularly when they now have security for costs.
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So Chillingout and others,
