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CANEXUS CORP 6.5 PCT DEBS T.CUS.DB.D



TSX:CUS.DB.D - Post by User

Comment by amugsgameon Sep 04, 2014 9:08am
435 Views
Post# 22904734

RE:RE:RE:RE:RE:Bullish Article on CUS

RE:RE:RE:RE:RE:Bullish Article on CUS
ocean112 wrote: MEG is probably scrambling to defend themselves which is why they've been quiet (now that it's in the courts) - whereas Canexus has been clear they have clear legal footing to launch this lawsuit.....I think Canexus called MEG's negotiation bluff and there will be a quick resolution -  this delay does not benefit anyone. 


MEG does not have to "scramble" to defend themselves if they are just trying to squeeze CUS in negotiations. If they feel they don't have a strong position then they can just back down and allow the tie in. After all CUS management isn't goinig to push this into court if they can get the whole thing swept under the rug and get on with business. They have had 2 weeks to resolve this issue now and I'm sure lawyers on both sides have been racking up billable hours. I agree with others here who have felt there is more to this than meets the eye. If this does get to court tomorrow without resolution then the hearing may just be the start of a protracted legal battle    
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