Edit: If you don't do DD then as far as I can see you're not minimising the risk to yourself / your investors and caveat emptor if you go through with the purchase.
I'm reading a book at the moment and in it it says that the first thing you do before buying a business is due diligence. Would you buy a house which is probably the most expensive thing you will buy without a survey?
If you don't do DD then as far as I can see you're not minimising the risk...
What I think is being implied is that the three people mentioned signed something saying that they didn't fully understand what they were signing up to when agreeing to the Ricoh deal. That's one interpretation of it another is that they were just covering their asses using those phrases...
According to the last SCG minutes Stacie McDermott (CCFC marketing manager) appears to suggest that Sisu didn't do due diligence.
Seems to me if one group is guilty of not knowing what they were doing then both of them were. Sisu really didn't do due diligence :facepalm:
Can't do it on the mobile version or through Tapatalk. A Moderator can do it, it doesn't need to be Nick but they do need the full version of the site. You could try another mod if any are around.
If you make the claim you have to be able to back it up - not for the other person to prove anything.
So it would be up to ML to prove everything he said was true if it ever came to court.
No and my law lecturer went to great lengths to make me aware of the difference. By transmitting it (radio, tv etc.) you are publishing it same as if you wrote it in a newspaper.
Depends, the correct thing to do legally if it's untrue is to take action, and it would be very interesting to see what he has to back this up with.
On the other hand if you're trying to retain the moral high ground or it's true then you don't.
If that's what he said then I hope he has something to back those statements up because it sounds like (and I did not see it although I'm looking for a pub as I type showing Sky) he was making allegations which are actionable if untrue. I am not a lawyer though.
I once (early 90s) lheard an interview with an ex owner of a football club who said that it had given him two of the happiest days of his life. Namely the day he bought it and the day he sold it.