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Banca Ifis is an independent banking group specializing in the collection of trade receivables, non-performing loans, and tax receivables. The group's credit is exposed mostly to Italy and other European nations. Its trade receivables segment focuses on growing trade finance loans and providing liquidity to Italian small and medium-sized enterprises. Approximately one-third of its loan... see more

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Banca I.F.I.S Spa > Legally

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Post by Goldfather on May 05, 2017 6:15pm

Legally

Looks like there's a three- way legal fued.
CSK and Equator seem like they can wait it out,
but appears Yukon is in dire straits financially. CSK
must have some good legal leverage , and I bet Yukon
acted as the dirt bags they are , and didn't honor theyre
legal obligations . Maybe via contractual or maybe disclosung
Confidential info . In the hands of the Lawyers and local court.
Csk is Canadian. EQ Australian, but does biz in CA ; Yukon is a Swiss Co,
owing lots of taxes, utility bills , has disgruntled laid off employees etc etc.
Whos the Judge gonna side with ?

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Comment by newsimon1707 on May 05, 2017 6:29pm

Csk has a really good reason to fill litigation here! and they are blocking all transaction on the property... and yukon is depp in debts and are due on their bills!! Might look good! Equator paid a hefty sum for that refinery!

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