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Ann: Court Proceedings Update, page-49

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iskandarca

94 Posts.

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10/11/17

01:41

Post #: 28666464
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Originally posted by Esoj ↑

Hi Iskandarca,

The interpreter is back Reedola…
I´ll try to explain how courts act here in Portugal: after the parts in the case present written allegations of their understanding about the issue, the judge sets a date for the hearings.
After the hearings the judge gives his sentence.
Reading NLI´s announcement I don´t see a date for the hearings, therefore i have to conclude they must have already taken place and a decision is expected around second half November.
Or is just the hearings?
The BoD should provide this information: is there a date for the hearings?

Cheers,

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Thanks again Esoj for your insight. Always good to hear from a local.
Now, based on your experience and knowledge of local business dealing do you feel this is going to end in out of court settlement or take us all the way to final judgement and award by the Portugese courts?

Last edited by iskandarca: 10/11/17

NLI Price at posting: 6.9¢ Sentiment: Hold Disclosure: Held
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