Without knowing the licence particulars, I doubt it. It would...

Without knowing the licence particulars, I doubt it. It would come down to:
1. A mutual agreement between LPD and LIT to discontinue the licence- Not likely.
2. If LIT go into receivership, insolvency etc... - Who knows at this stage.
3. If LIT breaches any of the licence conditions - I dare say the recent legal stuff is the beginning of such breach investigations and doubt it will finish there...
4. Further to (1) if LPD made it 'worth LITs while ($)' to discontinue the arrangement.

Easy enough to just wait it out. There is no chance LIT will have built an L-max plant by the required date. SA definitely an option (no licence encumbrances).