RE:RE:question about palisades
As noted, the legal case has an impact on Pallisades, but this also has a lesser, but also adverse impact on NFG since the NFG board of directors (with knowledge of the drilling prospects) approved the share transfer, though NFG did not benefit.
Setting the above aside, if NFG's property were to be sold at a high price, the funds would be under direct control of NFG shareholders. In contrast, shareholders in Pallisade would be subject to the investment/distribution decisions of the CK controlling Pallisade shareholder / director.