Whoever gets the nod from the judges tomorrow I seriously doubt that's the end to it.
If SISU win then there could be a CCC appeal but certainly there will be legal proceedings initiated by SISU against those they feel have done them wrong that follow
If CCC win then there could be a SISU appeal but certainly there will be legal proceedings initiated by SISU against those they feel have done them wrong that follow
All just my opinion of course. I think the legal proceedings are likely to run for some time yet
Will CCFC benefit from any of this, well you wouldn't think they could any time soon given how long legal proceedings take but in any case the legal cases are primarily for the benefit of the SISU investment funds. Of course as agents for the fund then SISU would be entitled to their fees attributable to the increase in fund value brought about by compensation claims. The first JR case has not been brought by Otium Entertainment trading as CCFC but by ARVO, SBS&L and CCFC H (now dissolved) it is of course SBS&L that owes the SISU investment fund 28.5m
As for right or wrong, I think that's going to remain a grey area. SISU win their case then it implies that CCC got things wrong legally, of course if SISU lose their case that same logic means CCC got things right legally. Cases such as this are often not clear cut (understatement in this saga)