Monday, February 03, 2025 11:54:42 AM
Excellent analysis, in addition to which, as a practical matter LL sits on both sides of the table and can alter, cancel, or just ignore the agreements with Eontec. One thing LL will not do, is sue Eontec (and thus the politburo) for performance. So at least in my view, the agreement is unenforceable and of little value unless LL (and the poliburo) make it otherwise. They hold all the levers.
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