FT , It looks like the laywers have found their own goldmine !
I hope APG do not have the same law firm on the job that forgot to include a clause back in 2004 that says " all deals are off if either party goes into administralion "
That is law 101
But from the 15/8/12 announcement
"The conditions for the sale pursuant to these arrangements include all regulatory and FIRB approvals, and all third party consents as required."
could mean that APG is a third party and they don't consent.
You would never know till you saw the agreement.
Some light may be shed within the judgement handed down from the W.A. court.
The lawyers will feast well on this one.
But every time APG rolls the dice we are $ 5m better off.
APG Price at posting:
3.3¢ Sentiment: Hold Disclosure: Held
