Amarin Corp Plc (AMRN)

[MateoPaisa]

One of the important questions being faced in the rule 60 motion is whether the pleading party owns the patents.

“Courts have long made it clear that shareholders have no legal or equitable interest in any part of the company’s property or assets, and the company is the sole and beneficial owner of all the property vested in it. The case of Short v. Treasury Commissioners [1948] 1 KB 116 122, stated that “shareholders are not, in the eyes of the law, part owners of the undertaking. The undertaking is something different from the totality of the shareholding.”

Marjac, how do you counter this? I know you have deeply considered this. How can this be overcome?