I think the legals would definately be part of the equation. If we lost, then we'd need to pay a portion of the revenue to the declared (co)owner. So why invest money and complicate the judgement.
But again, assuming that's right. Then why not inform shareholders.
The current situation and uncertainty is bad enough. The lack of updates makes it worse.
And assuming their is some validity to the legal claim, then who inside and outside of GGP were responsible for due diligence. Do we have claim against anyone? Was their any insurance? Would it cover this scenario. At a minimum I assume directors have the usual indemnity insurance. Could we claim against that?
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