Thread: Marsa Alam
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Old 15-08-2008, 11:14 AM
Jacky Hep Jacky Hep is offline
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Join Date: Jul 2008
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[QUOTE=PierreM;70253]"Stew, You are obviously very bitter as you have issues with ipi and your agent. That's bad news, I'm sorry for you.................

My 2 lawyers have reviewed the due diligence, they have reviewed the forms and contract, everything is fine. They told me that seddons is doing a good job and I almost don't need them, that's why I said you don't need a lawyer, I should have explained, fair enough."



The DD looked fine to me in that it explained the current situation very well. I was also grateful for IPI providing it. I recognise that it works both ways; it protects the buyer by providing important information on which to base a decision, but it also protects the seller if the buyer goes ahead despite any risks made apparent by the DD as one cannmot later claim not to have known of those risks. The bottom line for the buyer is are the risks worth it.

Regards

Jacky

Last edited by Jacky Hep; 15-08-2008 at 11:17 AM. Reason: Forgot to add quotes so it is clear where my reply starts and Pierre's ends
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