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dougcsv - Fri, 29 Dec 06 :

Clearly the RA folk are under the impression that the costs relating to their claim will be met by the company should they 'win'.
I would be surprised if any court would award a minority of shareholders 100% of their loss and also costs at the disadvantage and cost of the majority of the shareholders, esp when it is those shareholders who have lent the company their support in persuing the main case.

Of course it may happen - I'm not a legal person so I don't know of any precedent in this instance.

And also there is no information on the agreement made between the alledged 'funder' for the RA or the oft mentioned 'no-win no-fee'. I doubt we'll ever find that out....but I hope you know what you are doing guys !


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