echino
TUG Member
- Joined
- Dec 2, 2008
- Messages
- 2,223
- Reaction score
- 1,839
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- 524
- Location
- Vancouver
- Resorts Owned
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HYN HCC HWP HYP
HRA KAN WSJ WKV WLR SVV
MCV MKO MM1 MPU MSK
GP7
Valdoro
HHV Lagoon
30 days have passed. LT Transfers says Hyatt sent estoppel to them, but no response on ROFR. They sent another email to Hyatt to follow up.
I believe the transaction can proceed now, because Hyatt did not notify LT or me as the buyer of their intent to exercise ROFR within 30 days, therefore their right to exercise ROFR has expired. Should I tell LT to proceed with the transaction, or should I agree to wait until they receive a response from Hyatt?
EDIT: Just received another email from LT. Hyatt verbally told them ROFR has been waived, just not in writing yet. So the transaction is proceeding.
I believe the transaction can proceed now, because Hyatt did not notify LT or me as the buyer of their intent to exercise ROFR within 30 days, therefore their right to exercise ROFR has expired. Should I tell LT to proceed with the transaction, or should I agree to wait until they receive a response from Hyatt?
EDIT: Just received another email from LT. Hyatt verbally told them ROFR has been waived, just not in writing yet. So the transaction is proceeding.
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