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15-07-2015, 09:15 PM
(This post was last modified: 15-07-2015, 09:33 PM by postage paid.)
I think everyone will be able to come to the same conclusion as to what is the fair and equitable profit figure to use.
The initial signing I can accept to be negligence (i.e. mistake).
However, after discovering a mistake and deciding not to challenge the interpretation of the contract for the benefit of shareholders as a whole. This is another issue.
The beneficiaries of the current interpretation of the service agreement are also the same directors and senior management who have chosen not to challenge it.
Moderators please feel free to delete the post if inappropriate comments are made as I recognise I do not have all the relevant facts and information on this case.
Anyhow. As always, one must be extremely careful when entrusting one's money to others.
The initial signing I can accept to be negligence (i.e. mistake).
However, after discovering a mistake and deciding not to challenge the interpretation of the contract for the benefit of shareholders as a whole. This is another issue.
The beneficiaries of the current interpretation of the service agreement are also the same directors and senior management who have chosen not to challenge it.
Moderators please feel free to delete the post if inappropriate comments are made as I recognise I do not have all the relevant facts and information on this case.
Anyhow. As always, one must be extremely careful when entrusting one's money to others.