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> I meant opportunistic in the "You knew you had no leg to stand on but are now trying anyway because the stakes are higher", sort of way,

This fully describes most of the VC-backed startup world. 95+% of the businesses fail and a few get lucky. Part of making that happen is trying just about anything and shooting for the moon.

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What exactly was he waiting for? Hedging his bets? I get that this may be legal, but he seems to have only become interested in his stake because it might suddenly be worth something (alot). I'm actually surprised he's not worried that his sudden claim might not cause enough problems to lower it's value, i.e. scaring off GM.

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