Re: Frank/Settlement vs Royalties
posted on
Sep 09, 2008 08:40AM
That's how I see it...and do not forget, that we're dealing with an entity in Ch11.
Is .75 to 1 mill enough for DM? Their half into the process at what cost? you also have to subtract their recovery before the 60 / 40 split.
I do not see this issue sitting in Sakars lap....yet the deal sums up short because of Syntax problems.
How are on going legalities normally handled with this type of ownership transfer if settlement is not met?
Myself, I like clear title.
doni