Recent content by ladespiser

Sisu QC says council recognised the state aid risk but thought it was OK to become a bank to ACL. This was “ridiculous,” he says. thats the winner line from SISU and the judge cant disagree with that.

yes and they sisu continue to do so with the JR. remember that as soon as mutton said hell would freeze over before acl sold to SISU ACL became SISUs competitor. SISU had no real alternative but to attack, it was their only way forward. Or be stuck never getting those funding streams and more...

yes of course, hostile takeover tactics - should be expected by a hedge fund specializing in takeovers??

exactly that is a good question, with the city council prepared to back it all the way there arent any, which then raises monolopy issues, but thankfully that hasnt raised its head in the JR

there is a cieling of 200,000 euros. after which you need european commision permision, there is no way the council have complied the problem for ccc is the fact they offered so much and kept the matter a secret from SISU, its anti competitive because SISU were making a play for the ownership...

https://www.gov.uk/state-aid

Any support provided by the council to a trading company counts as assistance – whether in cash or in kind. Significant subsidies in grants, assets, services or kind could be deemed State aid which is regulated under European competition rules to stop contractors gaining an unfair...

Sisu have had a very productive day today. I expect the judges words may have caused some to feel positive, however he made it clear the issue here is whether the council used public moneys unlawfully. the rest of the evidence is purely theater and background, if SISU look bad it will make no...