VAN 0.00% 4.7¢ vango mining limited

With regard to "good manners helping too", "making Vango a fair...

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    With regard to "good manners helping too", "making Vango a fair deal", and whether Vango will be found to have dealt fairly with Zuleika, it's worth keeping one point in mind.

    The reason Superior did not win the case on Vango's 2016 breach had NOTHING to do with Vango's behavior. In fact, Judge Martin explicitly noted that Vango's 2016 behavior was a breach of the OT agreement.

    The only reason Superior did not prevail is that that breach happened when Northern Star owned Plutonic, and closes in action are not maintained through changes in ownership. If Northern Star still owned Plutonic, and Northern Star was suing Vango, the plaintiff absolutely would have prevailed.

    Both parties that attempted to conduct business with Vango are suing them, and so far Vango is 0 for 2 in claiming that they're not breaching their contractual obligations.

    Again, the only reason Superior did not prevail (yet) on the 2016 breach, is that closes of action are not maintained through ownership changes. The judge in fact did explicitly note that Vango's 2016 behavior breached the OTA that Vango had agreed to.

    Keep that in mind, when interpreting the assertions we're reading here about how Zuleika was treated fairly during the JV discussions, and how Vango just wants a fair deal. Superior, Zuleika, and Judge Martin, disagree.
    Last edited by PulpCutter: 20/03/22
 
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