Sean: Piercing the corporate veil to create vicari
Post# of 154605
(Total Views: 546)
Posted On: 09/30/2022 6:24:20 PM
Sean: Piercing the corporate veil to create vicarious liability against a parent company (NSF) is a classic example of complex business litigation where both the facts and the skill of the individual litigators weigh heavily. I do not think anyone on this board has access to enough information regarding these pivotal factors to offer a reliable prediction as to the final outcome. I certainly don't. That said, the potential recoverable damages are enormous if liability can be established against NSF and lost profits can be shown with the requisite level of proof .
As a CYDY shareholder, I naturally would love to see such a recovery, but it strikes me that, at least from my vantage point, there are a lot of moving parts that will have to fit in place for that to happen. I hope the SA litigation team handling our claims against Amarex/NSF has already eliminated many of those moving parts, but they won't be issuing any press releases to let us know. This is obviously a very important matter, but I suggest we wait as patiently as possible for more info to be released regarding its ongoing status.
As a CYDY shareholder, I naturally would love to see such a recovery, but it strikes me that, at least from my vantage point, there are a lot of moving parts that will have to fit in place for that to happen. I hope the SA litigation team handling our claims against Amarex/NSF has already eliminated many of those moving parts, but they won't be issuing any press releases to let us know. This is obviously a very important matter, but I suggest we wait as patiently as possible for more info to be released regarding its ongoing status.
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