GREY:BNCIF - Post by User
Post by
Goldfatheron May 08, 2017 1:52pm
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Post# 26217104
Constructive Trust
Constructive Trust any legal guys out there ? Says Constructive Trust below....... this looks very complicated. Also gotta say, theres very smart guys at CSK, Bragnola, and large investors behind them. This wasnt a one trick pony, and they have/ had contingency plans ( if ) they didnt get the refinery. As they knew very well, the may not get the refinery well before they started this play. From what i am personally told.
Cobaltech believes that the agreement announced by Equator on April 26, 2016, was negotiated and entered into in breach of both Equator's and Yukon's obligations to Cobaltech.
Cobaltech intends to commence legal proceedings against both Equator and Yukon seeking damages and a declaration that any interest in the property acquired by Equator is held in a constructive trust for the benefit of Cobaltech.