>>Well almost..  If the FL had been allowed to use the  exceptional 
circumstances clause then Pearson would have won -if he had  bid. Bates faced 
defeat at that moment and he would have been left with  nothing and with a 
big financial loss.
That is why the exceptional  circumstances clause had to be stopped at all 
costs and I strongly suspect  that it was stopped (at all costs).<<
 
 
But surely Bates now needs the exceptional circumstances clause in order  to 
get the golden share? Is there any other way out without a CVA?
 
Mark



 



   
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