Re: "..supercedes the creation of the PDS JV" ... Yes, but take note
posted on
Jan 07, 2013 06:40PM
... If that is the case and the court rules (which they did) in favor of the plaintiff, stating that all monies paid to TPL or its designees (PDS) are are subject to 3.5% interest, then how do we get around that?...
no need to get around. i.e. pds gets 100 , brown gets 3,5, ptsc gets 50, tpl 46,5.
tpl then has to split with moore, based on the agreed percentages, i dont, have on hands what it is. but if there is a 60/40 split moore/tpl, then moore gets 30 and for tpl remains 16,5.
that is my understanding.no?
(i am not taking expenses etc. into consideration for this example.)