Oh, this is all a drama., BWX say the bulk of the claim is...

Oh, this is all a drama.,
BWX say the bulk of the claim is misconceived for a very simple reason. If Humble and Finlay approached WCP about a management buyout then they would be personally liable to WCP not BWX. It appears that WCP are trying to turn it around to say that Humble and Finlay approached them on behalf of BWX on the basis that BWX wanted to sell to management, ie Humble and Finlay. Would not stand or even crawl here but in the US?? Pretty see through though. Humble and Finlay would have needed Board approval to approach WCP on behalf of BWX.
The Board says the $1.395 mill claim is either not payable or subject to future performance. Petty cash in the scheme of things.