James Smith
Well-Known Member
ACL did say in their statement in August that
So I suppose this shouldn't be a surprise really.ACL Statement said:
Sisu launch new High Court bid to challenge £14.4m bail out of Ricoh Stadium owners (8 Viewers)
- Thread starter Snozz_is_god
- Start date
ACL did say in their statement in August that
thegameaintstraight
New Member
When one of JP Morgan's lawyers advised him about something he was about to do, "I don't think you can do that legally," Morgan replied, "I don't know as I want a lawyer to tell me what I cannot do. I hire him to tell me how to do what I want to do."
They're doing everything they said they would . new ground next ?
duffer
Well-Known Member
Just to be clear, it's not ACL defending this action, it will be Cov CC. They've got their own legal department, I believe, and very deep pockets. I don't think they'll be distressed into giving up on defending this JR, given what's in play.
If SISU lose, again, they'll likely have to pay the other side's costs in any case.
Personal opinion, they're playing a percentage game here - it might be 100/1 that they get a judgement against the council, but there's always a chance of an odd decision in any court and there's a few million quid at stake. In the meantime, I believe they think that it makes the Council look unreasonable "they've stitched us up, guv!", and perhaps helps their PR for getting the Ricoh on the cheap. I think most people can see through it though.
If SISU lose, again, they'll likely have to pay the other side's costs in any case.
Personal opinion, they're playing a percentage game here - it might be 100/1 that they get a judgement against the council, but there's always a chance of an odd decision in any court and there's a few million quid at stake. In the meantime, I believe they think that it makes the Council look unreasonable "they've stitched us up, guv!", and perhaps helps their PR for getting the Ricoh on the cheap. I think most people can see through it though.
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ccfcway
Well-Known Member
the irony of SISU taking someone to court to get them to reveal infomation is simply outstanding
We dont know who our owner is, as no-one has ever seen a pic of her
we dont know how much money we owe
the accounts are never filed on time
the new stadium is still not forthcoming
and yet they want more info from someone else
We dont know who our owner is, as no-one has ever seen a pic of her
we dont know how much money we owe
the accounts are never filed on time
the new stadium is still not forthcoming
and yet they want more info from someone else
DazzleTommyDazzle
Well-Known Member
Did I say that my wife believes that? You must refer me to the post.
However, she does not have a great deal of faith in many of her fellow JPs or the time given to scrutinise cases or indeed 100% of the evidence of the boys (and girls) in blue.
Incidentally, if your clever niece is doing most of her barrister work in the magistrates' courts, she might need to think about raising her game....
Fun as this diversion is, I seem to recall that it started when you said that you couldn't understand (and I paraphrase) why a company would want to get rid of a pending court action unless they expected to lose.
Do you still struggle with this brain teaser?
J
Jack Griffin
Guest
I see the trap you are trying to lay, no the response that ACL started legal action therefore they are bad won't wash!
The general consensus is that Anne Lucas offered an olive branch & Joy Seppala not only failed to grasp it but went straight to litigation thus rubbing salt into the wound.
Nick
Administrator
I don't think either are bad, I think ask these legal action is petty from both sides but if it gets thrown out it shows sisu up and costs then money so surely it's a win for the nopm?
J
Jack Griffin
Guest
Eventually, but this is mostly about keeping CCC/ACL quiet, because when they speak they seem reasonable & that doesn't suit SISU, well that's my opinion.
Seriously mate, what the fuck is your problem? I have no idea where my niece is doing her work, who mentioned magistrates courts? Why does she need to raise her game? Fuck you. I've tried to engage you in conversation, I asked a simple question and now you're having a pop at my niece and questioning my intelligence? Fuck right off.
DazzleTommyDazzle
Well-Known Member
That is a very narrow view that (deliberately?) ignores the bigger picture.
We had a glimmer of hope this week that there may be the first moves towards talks.
We could have had TF on CWR saying that he wanted to engage ACL in talks, instead we got more legal action.
Do you think that this improves or lessens the chances of reconciliation , or do you prefer to ignore that to make a comment about NOPM?
DazzleTommyDazzle
Well-Known Member
You could just have said that you didn't want to answer the question (again).
Nick
Administrator
I personally don't think it makes much difference, the council statement wasn't as insightful as made out.
Acl have said they are making loads more without the club but still stated action against Northampton, just the same as sisu are saying they have moved on and done this.
Still a big game of poker.
georgehudson
Well-Known Member
evident that TF is very quiet now, wonder why ?
- gonads ?
- gonads ?
What question?
Nick
Administrator
The same as joe elliott and hoffman?
Hobo
Well-Known Member
The first bit of this post is for Nick; don't just look at ACL v SISU look at how SISU operated before coming to Coventry they love court and don't always win. They have already withdrew one case in the CCFC wrangle and had another kicked out. They bully rather than negotiate, muddy the water.
The problem they have in the judicial review is they were illegally withholding rent, so it was them forcing the hand of ACL.
Regarding disclosure of documents, perhaps Seppala would like to disclose all email correspondence with Fisher and Appleton during the administration process. Just a thought.
The problem they have in the judicial review is they were illegally withholding rent, so it was them forcing the hand of ACL.
Regarding disclosure of documents, perhaps Seppala would like to disclose all email correspondence with Fisher and Appleton during the administration process. Just a thought.
fernandopartridge
Well-Known Member
Why don't you apply for a court order demanding its disclosure as an interested party or due to personal loss?
Why didn't ACL or Haskell do this?
Hey Hobo, Tink you're onto summat there.
I think the law/judiciary will ultimately step up to the plate on this.
They warned Seppala before.
The judge gave a pretty clear warning over the JR.
It is a measure of Sisu's intractability that we're now seeing yet more adversarial behaviour.
They're heading for a big fall and it cannot come soon enough.
I think the law/judiciary will ultimately step up to the plate on this.
They warned Seppala before.
The judge gave a pretty clear warning over the JR.
It is a measure of Sisu's intractability that we're now seeing yet more adversarial behaviour.
They're heading for a big fall and it cannot come soon enough.
Hobo
Well-Known Member
I don't think I qualify as an interested party in the administration process. Being a fan doesn't directly involve me in it. What personal loss have I suffered?
The administration process may not be covered by disclosure rules like a court case?
fernandopartridge
Well-Known Member
Thanks. Answered your own question.
Nick
Administrator
Didn't acl make a false bid just so they could get info?
Hobo
Well-Known Member
I think anybody can make a bid if they want and later withdraw?
Hobo
Well-Known Member
Don't think I asked a question it was more it would be interesting to know!
Skybluesquirrel
New Member
According to his report, discussions that Appleton has had with parties regarding the ownership of assets will not be disclosed due to concerns of commercial confidentiality.
Would suggest that different rules to a court case.
Hobo
Well-Known Member
I accept that and thought as much. But It would be nice to know?
As I have posted on here a long time ago, we are in SISU's arena here, administration etc,.
They bully and fight via loop holes. No one seems to know their long term objective. Experts in various fields can't understand their game plan, it does nt make economic sense. Most importantly they haven't come out with a real structured financial plan, fans can have faith in.....except Fernandopartridge ?
dongonzalos
Well-Known Member
False bids to get info, there is an interesting concept. We may have seen before.....
Nick
Administrator
They did though didn't they?
Hobo
Well-Known Member
Some would argue Otium was the false bid with all the smoke and mirrors from SISU, no published accounts, nobody knowing which company the players were in, threats to sue the FL, a debt that rocketed in a week 50, 60 maybe even 70 million.
Nick it was the inflated debt that prevented anybody from buying the club. An unusual position where the same company bids for themselves with that debt meant the administrator would always favour that bid.
The administrator has a duty to people money is owed Arvo (SISU) and ACL.
Has anyone seen accounts yet for the football club? The Otium accounts finally submitted will be for a non trading company partially wound up before they miraculously were given funds to buy the club. I'm sure the way Otium was run prior to buying CCFC reassures you?
skybluetony176
Well-Known Member
it may also be what they have to say. CCC said after it was originally laughed out of court that they had been gaged by JR. might this mean they have more wood for the fire? maybe, maybe not. either way :blue:
robbiethemole
Well-Known Member
looks like the bitch Queen is living up to her threats............................
"Ms Seppala also stated at this meeting her intention to continue to threaten ACL and its shareholders with expensive litigation at every possible opportunity. "
Surely now the SISU lovers must see what the future holds for CCFC??
"Ms Seppala also stated at this meeting her intention to continue to threaten ACL and its shareholders with expensive litigation at every possible opportunity. "
Surely now the SISU lovers must see what the future holds for CCFC??
oldskyblue58
CCFC Finance Director
to be honest this latest application is just part of the normal process that would occur in many court cases. It really isnt headline news nor is it I suspect something that the CCC legal advisors did not expect. Will it turn anything up ? who knows it might, it might not even if it does it doesnt mean it is significant or it could be (but if it was significant why was application not made before?) We wont know until we get the judgement 28/11/13.
Releasing details of the application has deflected attention from the things ACL & CCC have been saying. A discovery application is just part of the process, but those closely involved and releasing the information would know that wouldnt they
Releasing details of the application has deflected attention from the things ACL & CCC have been saying. A discovery application is just part of the process, but those closely involved and releasing the information would know that wouldnt they