My own defence against the spurious libel claims made against me by joke oil company Sefton Resources (LSE:SER) went in weeks ago. But today I have the good news that Brokerman Dan has filed his defence. It forms only part of his argument but already runs to 1200 pages of documents which poses an interesting question for Sefton, as Dan promises me that he has far more to come.
Uber-expensive City lawyers Pinsent Masons will now have to read every single page of Daniel’s submission. And its charge out rates are, I believe £500-750 an hour. Having read it all in detail missing nothing out it then has to submit its own response
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