back to article Imagination Technologies sued over £27m Russian SoC contract invoice brouhaha

Imagination Technologies is being sued by the buyer of its IMGworks division after allegedly failing to pay an invoice in a £27m contract for Russian customer Elvees RnD Center. The High Court lawsuit was brought by British chip firm Sondrel, which in 2017 bought Imagination's SoC design unit. Sondrel said in court filings …

  1. crayon

    "Sir Hossein Yassaie then told Parliament how Canyon Bridge Capital Partners had tried to execute a boardroom coup to give its Chinese masters total control over the firm."

    So you are allowed to buy a company (I'm assuming it has been bought outright by Canyon Bridge as the previous Reg articles says) but you're not allowed to exercise your legal rights in deciding who runs it?

  2. amanfromMars 1 Silver badge

    Well? What would you call it?

    So you are allowed to buy a company (I'm assuming it has been bought outright by Canyon Bridge as the previous Reg articles says) but you're not allowed to exercise your legal rights in deciding who runs it? .... crayon

    Anyone else here realise that is tantamount to the crazy exercise of madness. And what is one to think of all that and all those who would find it perfectly acceptable and permit it the light and time of day?

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