coleridge said:
Didn't see CB's reply. The Mill investment changes everything as the Dallas Court clearly wishes to preserve the status quo with the Mill cross-undertaking in damages to RBS whereas Hicks stands to lose his investment.
In a roundabout way, yes.
But the point is Hicks will be the winner, not the loser.
Mill's involvement in this whole issue is down to him. He covers his markers with a new frontman and board, until asset strip and a higher offer comes in.
In essence, nothing changes - just the lender.