Cominiere have obviously said that they want to cancel the JVA....( says it below in the snip ) but just like how they’ve gone about ROFR...they don't comply with the terms of the JVA...they would have needed to have gone to ICC and got it nutted out there that they were all above board and able to terminate...they haven't don't this, they’ve just said that's what they’re doing...what they mouth off and what they can do are two separate things.
Parties can just wake up one morning and sat ye nah we’re done, let's go home ; there's legal far, works drawn up in JVs (JVA) which need to be followed. You really think CCK discovered a series of loopholes ; the guy is one of the biggest idiots out there...what most likely happened is that he fired a bullet into the ceiling when his negotiating terms he had tabled weren't going anywhere, told AVZ that he was cancelling the agreement..expected / hoped for a different reaction and AVZ responded with a ‘we’ve had enough of your bullshit and trying to reason, deal with it in icc which will include this and a number of other issues...there will be Nada in the JVA that cominiere could pull the plug on AVZ for as AVZ have been above board...pretty sure the legal could walk anyone through the JVA and show them that Cominiere are clowning around, don't have a leg to stand on and delaying
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