GREY:NMKEF - Post by User
Post by
Tcheckon Sep 13, 2020 6:04pm
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Post# 31550490
SPA sale purchase agreement has tobe rejected by the courts
SPA sale purchase agreement has tobe rejected by the courts My argument
monitor has to be independent .impartial,unbiased at all costs .
monitor is the one who approves and evaluates the merits of the sale purchase agreement .
the court should consider, among other things, the following factors:
- whether Pwc can independent since the head of IQ who purchases nmx was one of their directors for many years .
- whether the monitor approving the process leading to the proposed sale or disposition is valid at all .
- whether the process leading to the proposed sale or disposition was reasonable in the circumstances;
- whether the consideration to be received for the assets is reasonable and fair, taking into account their market value . 4 bn $
there are some points to be made that this sale purchase agreement is invalid or illicit .
please read.
Pre-packaged sale transactions