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The Forsyth Barr idea on Friday that Chorus [NZX: CNU] should consider walking away from the UFB contract probably isn’t legally possible.
Forsyth Barr reckons that the maximum penalties would be $360 million as that’s the maximum figure in the limitation of liability provision in the UFB
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Michael Wigley
Mon, 02 Dec 2013
Mon, 02 Dec 2013
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Legally, very hard for Chorus to walk - and govt's bailout options limited
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