Gilligan
Topic Author
Posts: 1993
Joined: Mon May 02, 2005 12:15 pm

Who Pays The Fee?

Fri May 27, 2005 11:26 am

At the end of the story in the link it mentions that there is a 15 million dollar fee if the deal falls through. Who pays that? The airline that backs out? How about if one of the financial investors pulls out? Is the fee split up among the principals or just how is it divided?

http://framehosting.dowjonesnews.com...sp?StoryID=2005052521590005&Take=1
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