From communication with Michael Weir, he says there was no suggestion FFX had to wait for the arbitration to be finalised before the LLL shares are distributed back to holders. If we think that based on what we read in the announcements, its probably because the BOD doesn't communicate well in its announcements.
The FFX BOD want to write off the Morila losses against the capital gains it will get from the LLL payment before they return the LLL shares back to holders to minimise the tax it has to pay. This is what i was told by Weir.
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