The loan is no where near a done deal, the new extension date will be 8 months since it was first announced and that will only get it to the next stage which is only a "pathway" to a formal agreement its not $20m going in the bank account.
Why didn't the company's Lawyers DLA piper offer to fund this ?
https://www.dlapiper.com/en/about-us/law-and/litigation-funding
Locke Extension, page-22
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