Think the word you are looking for is .... Jurisdiction.
Sorry about that, bu couldn't resist the comment. lol
Bought srk today. It's fallen 20% this week. That's 80% of a total loss on the 16.67% stake. I figure I'll gladly take 20% of the risk involved (the seller takes 80%). In addition, the mkt isn't open for four days. A lot can happen in that time. Hopefully pent-up buyers on Tuesday !!!?
As for the legal question...none of us know. Hence 'the buy' as a risk proposition.
frm bby, page-41
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