More than nuisance value, surely!?
Do they not have a case to argue that they are creditors of CCFC Ltd and should be treated as such with regards to the administration? Could they then not seek to ask the court to pierce the veil of incorporation on the grounds that Holdings and Limited are one and the same for all intents and purposes; and treat both entities as being in administration?
No for several but two reasons in particular:-
a) They are not at present "creditors" of anyone. They either had a contract with CCFC Ltd who have never been in receivership or CCFC(H) Ltd who were but who have now been taken out of receivership by Odious. Whoever it is will only, even potentially, break the contract giving them a claim as creditors or, more simply, parties suffering a breach of contract as and when the season begins somewhere other than the Ricoh. Even then it depends upon the wording of the original contract which may, in the small print, envisage circumstances in which the football team do not play at the Ricoh - in fact thinking logically it would be surprising if there were not such a clause, and;
b) The administration process has been and gone so the boat has been missed to register as a creditor
As I said in my first post in this thread the only legal action available is a JR of the Administrators decision and / or that of FL. At the forum I attended Tim Fisher expressed a genuine fear that other bidders eg PHIV may actually take that route however that now seems to be an unfounded fear
Whilst the avenue of JR is open to anyone, in reality it would need someone not only with deep pockets but also someone connected somehow with the process. A Fan's Group for example would be launching it blind as they would not have the necessary detailed knowledge of the facts. So Gary Hoffman, Joe Elliott, Michael Byng or Preston IV please stand up...!
