No problem Maestro it was a very potted version of broad principles .
So many unknowns yet , including whether Nearmap has legally acknowledged the infringement, if so the nature and coverage of indemnities by Pushpin and Nearmap to its customers and breadth of its insurance coverage become very important. Whether Nearmap has complied with its disclosure requirements to us. Companies are keen to not waive legal privilege of legal advice they get and have to navigate this with the obligation to not mislead investors.
No point in speculating any further till friday!
NEA Price at posting:
$2.08 Sentiment: Hold Disclosure: Held
