Sorrento Therapeutics Inc (SRNE)

[FitzyP33]

After reading some of the bankruptcy filings it looks like Nant is going hard after the SCLX dividend. They're also going after the 49% investment SRNE made in that Chinese company that starts with Z. (can't recall or spell the name)
The point is Nant is going after everything - including compensation that may be over and above what was authorized.
Oh, they want the board minutes authorizing the SCLX dividend too. Hopefully SRNE was really buttoned up in the discussion, vote and execution or the dividend is definitely in trouble.
That doesn't mean it disappears, but it could be held up in court for a long time.
These Nant guys must really hate Henry because they really put the screws to him in this process. It seems to me something could have been worked out with Nant to secure the liability with SCLX shares (or something else) to stop them from grabbing cash and making SRNE unable to operate. Anyway, just random thoughts...