Judicial review thread - day 2 (42 Viewers)

Nick

Administrator
So when does the judge throw all the papers on the floor shouting "fuck this shit" and demand Joy lead the routine to a new harlem shake video?

There is only one Harlem Shake..


[video=youtube;grePdFUosFY]https://www.youtube.com/watch?v=grePdFUosFY[/video]
 

_brian_

Well-Known Member
Only if you put your hand up before asking!

*Couldn't resist a shit, teacher gag on a Tuesday while all the talk is about politics, law, accounts.

Put his hand up where?!?! LOL!!! Only joking, mate! I know you don't want him to stick his hand up your ar5e really! And if you do, that's your own business and nothing to do with me!!!
 

martcov

Well-Known Member
So when does the judge throw all the papers on the floor shouting "fuck this shit" and demand Joy lead the routine to a new harlem shake video?

Not quite, but whatever the result ( my tip is a draw ), there will be bollockings all round from the judge.
 

Nick

Administrator
I imagined that with the music of harlem shake, benny hill, gangnam style the lot!

I can ask him, best $5 I ever spent.

I think I have $15 credit and thought about getting a few people randomly acting angry wearing jumpers to say it was the International Fans Forum but forgot :(
 

Mary_Mungo_Midge

Well-Known Member
They didn't - the interest rate would be considerably higher.
When public money is used in commercial ways it MUST be with the intend of making a profit equal to any comparable private enterprises. The ccc loan should have been on normal interests to follow EU legislation.

Beside that - when a bank had offered to provide the loan then ccc had no grounds for providing the loan itself. That's upsetting the fair and free market using public means - something the whole regulating of state aid is set up to avoid.

But the information coming out of the courts shown the commercial terms were very different; so it's hard to take a view on 'comparative' deals. On one hand, the headline figures look close; which would show the value of the loan to be made within an open commercial context; but maybe YB wanted security? The balance of the leasehold? On that basis, CCC might have decided - with the public interest in mind - to finance themselves?

Surely the logic you strictly interpret above would rule out every loan or grant from the public purse?
 

duffer

Well-Known Member
After analysing all this in great detail, I've come to this conclusion....

I'm going to let the Judge decide. ;)
 

Rob S

Well-Known Member
Collared Tim Fisher at the break. Thinks that significant point is that council officers didn't tell councillors about potential restructuring of loan. Judge was quizzing on this so might be significant later. Might not be good for Chris West if so.

Joy actually remembered me from a meeting we had back in January and said hello. Took the chance to try and ask about deals but got swarmed with lawyers wanting to ask her stuff but will try and get more later.

Had a quick catch up with Dave Johnson who didn't think that questioning ACL accounts / cash-flow / profitability has much legs.

Got my paws on the trial kit which contains skeletons arguments etc.
 

Godiva

Well-Known Member
But the information coming out of the courts shown the commercial terms were very different; so it's hard to take a view on 'comparative' deals. On one hand, the headline figures look close; which would show the value of the loan to be made within an open commercial context; but maybe YB wanted security? The balance of the leasehold? On that basis, CCC might have decided - with the public interest in mind - to finance themselves?

Surely the logic you strictly interpret above would rule out every loan or grant from the public purse?

No it doesn't, but if public money is to be spent on commercial enterprises then an application procedure must be followed and granted by the EU commission.
Clearly that did not happen as it takes many months and would require a hearing of all parties - including sisu/ccfc.
If such an application procedure was never initiated, then I think this could be the gateway leading to remedies/damages.
 

shmmeee

Well-Known Member
Collared Tim Fisher at the break. Thinks that significant point is that council officers didn't tell councillors about potential restructuring of loan. Judge was quizzing on this so might be significant later. Might not be good for Chris West if so.

Joy actually remembered me from a meeting we had back in January and said hello. Took the chance to try and ask about deals but got swarmed with lawyers wanting to ask her stuff but will try and get more later.

Had a quick catch up with Dave Johnson who didn't think that questioning ACL accounts / cash-flow / profitability has much legs.

Got my paws on the trial kit which contains skeletons arguments etc.

Who's Dave Johnson?
 

Rob S

Well-Known Member
Who's Dave Johnson?

One of the main KCIC guys. Has represented KCIC @ Trust committee meetings. Good bloke. Always ready to have a pop at us but all in good humour.

Does have 80's-Liverpool-style 'tache tho' ;-)
 

shmmeee

Well-Known Member
Yay! We're on to car parking revenues!
ek5amg.jpg


:D
 

Rob S

Well-Known Member
Got to say I'm flagging here. The court recorder pulled out a banana at the break earlier which shows that he knows his stuff. Roll on lunch...
 

Rob S

Well-Known Member
Everybody in court (apart from Sisu QC, Council QC & judge) flagging now. All the activity around the last break and the accounts is long gone.

Looks like Sisu QC is summing up
 

duffer

Well-Known Member
Fuck car showrooms. I want bars and restaurants alongside the canal!

:blue:

I want the whole place knocking down and the scrapyards back. Where can I get a spare headlight for my Cortina now? Also, I have nowhere to park my caravan. ;)

Edit: Added smiley, for clarity.
 

skybluetony176

Well-Known Member
They didn't - the interest rate would be considerably higher.
When public money is used in commercial ways it MUST be with the intend of making a profit equal to any comparable private enterprises. The ccc loan should have been on normal interests to follow EU legislation.

Beside that - when a bank had offered to provide the loan then ccc had no grounds for providing the loan itself. That's upsetting the fair and free market using public means - something the whole regulating of state aid is set up to avoid.

So basically you're saying that the only company that may have grounds to complain that the loan through CCC was state aid would be the YB, as they are the only private company involved that faced what could be described as unfair commercial advantage.

So why are sisu doing this?
 

duffer

Well-Known Member
Everybody in court (apart from Sisu QC, Council QC & judge) flagging now. All the activity around the last break and the accounts is long gone.

Looks like Sisu QC is summing up

Has he got a bag big enough to hold a smoking gun? I'm waiting for the big reveal... :)
 

AFCCOVENTRY

Well-Known Member
@TheSimonGilbert: Council valued car park C of the Ricoh at 1.5m according to doc read out in court. Potential plan for site included car showroom or housing.
 

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