IF LIQUIDATION GETS THE VOTE WILL THERE BE LEGAL ACTION?

  • Anonymous
  • unspecified
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Posted: Tue, 28/04/2009 - 17:27

Could it be that the possibility of prolonged litigation in the case of liquidation is quite an attractive prospect for the DAG legal team in particular and the legal profession in general? If so, I trust that this would in no way influence their recommendations.

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jodup

  • Bill
  • 13/10/08 n/a (free)
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  • Wed, 29/04/2009 - 09:38

Can't see how any form of litigation, prolonged or otherwise, could be an 'attractive' proposition for anyone - except the lawyers of course. The PL is already tied up with various legal actions to try and get back money - if necessary those actions would continue under SOA or liquidation and be charged to SOA or liquidation.


And every pound spent...

  • Anonymous
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  • Wed, 29/04/2009 - 10:16

....is costing the >50k depositors at least another pound because the LP will be spending the equivalent on legal fees


And who is advising the

  • expatfrance1
  • 15/10/08 31/05/09
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  • Wed, 29/04/2009 - 10:12

And who is advising the DAG, the lawyers!


@expatfrance1

  • Bill
  • 13/10/08 n/a (free)
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  • Wed, 29/04/2009 - 11:43

I understand Edwin Coe advises the DAG on legal issues when required.


now you know who will be making the money

  • hippychickrobbed
  • 03/11/08 31/05/09
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  • Wed, 29/04/2009 - 09:45

the lawyers ofcourse..... how much per hour again?


who will be making the money

  • Dismayed
  • 12/10/08 31/05/09
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  • Wed, 29/04/2009 - 20:57

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