bb50,
i've been following the crumbs, so far they haven't let me down.
when they hired that french law firm for 'potential divestures', the only thing they have in france is plastic (pvc) additives. then lazard's billing came out and mentioned pvc divesture, and site visits to the 'taft' facility, which is the plastic additive plant in hahnville, la. then came the news about pvc books going out. (it now says hoover visit or something, they changed it)
now, the crumbs are telling me that the dutch firm just hired (which is nunc pro tunc to may 11 or 13th) must have something to do with 'crop protection'. the only thing chemtura has in the netherlands is crop protection. they have to hire these firms that practice in local law jurisdictions. they can't just hire a 'do it all' firm, as certain law firms can only practice in certain countries and so forth.
if they weren't still trying to sell the crop protection division, then they wouldn't have hired the dutch firm,,,it's that simple.
nunc pro tunc is a fancy legal term that basically means "now for then" (latin). it means retroactive to that date.
all that means is that this firm, along with the irish one, and some others, are doing divesture work, among other things, starting around end of april, first of may. Now you can look at Lazard's billings and figure out that asset sale processes were picking up steam around this time. These law firms have been working behind the scenes, but they all have to come out of the woodwork prior to any announcements.
Is the crop protection division still in play??? You bet your ass it is. Can you say bamm, one day double if it hits?
Rogerson aint foolin me, i see what he's up to,,,,same thing he said in Feb.
