Lakeshore FYI:
Evidently insurance is footing the bill, unless of course there are other interested deep pocketed investors who helped structure the settlement as to not overturn their apple cart.
If there were no money available, obviously RXPC would not have settled so easily with rosen. It is curious that neither rosen or RXPC have yet to issue news directly, we heard it first thru third party arrangement. Perhaps there was a confidentiality agreement as part of the settlement (which did not hide the monetary amount, so what did it hide?
- where the money came from??
- How it is to be distributed??
- Is it cash, or something else??
Maybe we are just jumping the gun, lawyers can be deliberately slow.