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9,236 Posts.
2
14/09/14
22:12
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So what happens if the court finds in favour of these landowners and doesn't renew IDC's licence?
IDC have raised money which they can't use to progress a project they don't have a legal right to
IDC have advertised the property (sale/jv partner) they don't have a legal right to
To fight this through the courts will amount to further costs for IDC/shareholders
How much money was due to be paid as compensation to the landowners from 8/2010 - 8/2012?
What's the date of the court action and why hasn't IDC told the market
Who is the "second defendant"?
What a mess
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