Ian Bezek from Ian's Insider Corner discusses the most interesting event thesis I've seen this year: buying RenRen (RENN) into their legal battle over the OPI assets.Ian's original RenRen write up: https://seekingalpha.com/article/4406707-renren-shareholders-claim-huge-sofi-stake-via-little-noticed-legal-fightIan's Twitter: https://twitter.com/irbezekChapters0:00 Intro1:05 RenRen Overview2:25 How Ian discovered RenRen3:50 OPI transaction background6:40 Discussing OPI's valuation8:15 Oasis (the lead plaintiff) and the attempt to reclaim value9:45 Laying out the event path11:45 Who would pay if Oasis / minority shareholders win?16:05 What is the legal precedent here?18:35 Quantifying the upside21:50 If we win, what happens to RENN minority shareholders?23:55 How SoFi getting adding as defendant changes the lawsuit29:05 Does Chamath's history at CLOV impact the timing here?32:00 Could RENN go into bankruptcy to void the lawsuits?34:10 Valuing RENN's other assets36:15 Closing thoughts