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The question is, will they really show up and face the court? What happens if they don't?
That's the 39 or 3.9 million dollar question! I thought they've already retained an attorney.
I think this is the same attorney that defended NEP in the lawsuit which was previously dismissed.The question is: is NEP actively requesting that the attorneys respond, or did the attorneys volunatarily respond, without any discussions (or any payment....) with NEP.I highly doubt they'll bother to defend themselves at this point: why bother? It doesn't make much sense to defend themselves on this lawsuit, if they are going dark in all other senses.
What happens if they don't?They lose the lawsuit.But seeing as all of NEP's assets are in China, and Chinese courts don't recognize US court rulings - there are zero consequences to losing the lawsuit.Kind of like North Korea prosecuting, and finding you guilty, of some crime, with a sentence of death. Just don't step foot in North Korea, and you'll be fine....