FYI - court outcome, page-3

Construct of meaning "If" ...."Then" ....."else" and otherwise !!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!

"For the above reasons, I have concluded that the plaintiff would be justified in proceeding on the basis that, on the true construction of clause 7 of the Paperlinx SPS Terms, as contained in Schedule 1 of the Constitution of the Paperlinx SPS Trust, it may only give an Issuer Realisation Notice under clause 7.4 if it has received notice from Paperlinx or Paperlinx LLC under clause 7.7."

i.e. - cant "force" .....

rgds
V_H