Vaughan is an important member of the team of course, but let's not overstate it. The CEO and Exec team are all very experienced operators and can grow this business without Vaughan if the worst happens. V is not the CEO because quite frankly I doubt he wants the hassle of running the business. That's why he has a solid team to do that and keep executing on the plan. His value comes on the M&A front and of course the experienced counsel when needed. If you take into account that the M&A period of UWL's life is largely over (or taking a breather for a year or so as they have said) then V's court case doesn't impact at all really in the next year or two. This is a buying opp if anything, IMHO. But DYOR of course.
UWL Charts & T/A, page-62
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