And the Council have got to find £19million of Cuts this year, i don't know where the council is going to find the money because normally they have a contigency fund for this sort of event but for som reason they have'nt got one anymoreThe Council have won, but they still putting up your council tax next year
Temper, temper.
Please review your replies to my posts and THEN tell me who made this personal. Thank you.
I think the chances of ACL getting the lost rent have gone with the Administration.
goldsharer
How long before the club release a statement in response?
Shut up, ignore me, stop being a cocksucker and trying to deliberately derail a thread for whatever agenda.[/
You do like your name calling don't you.
How long before the club release a statement in response?
was told that Labovitch will be on SSN around 2 30 not sure if it is correct though.
he might even pull the interview following todays news
Man with the Golden Share.
For Joy...."The world is not enough"
Rejecting the CVA was always likely to lead to the proposed liquidation and hence the loss of the £590k (if I remember correctly) offer. So why not take it?
If I'd been in ACL's situation and a creditor had walked away from contracted debts and then told me that (despite what the most recent accounts said) the relevant company was now non-trading, I'd have been straight on to the most aggressive lawyers I could find and briefed them to go after the associated companies and the Directors.
Will this be the next step from ACL?
was told that Labovitch will be on SSN around 2 30 not sure if it is correct though.
he might even pull the interview following todays news
I'd contribute to an anti statement fighting fund mind you.
But and I know it is a big BUT, if it can be proven hat our owners DID move assets from one to the other then ACL/CCC can go after Shitsu not just the club company's . Well I hope so anyway.
Shut up, ignore me, stop being a cocksucker and trying to deliberately derail a thread for whatever agenda.
After today's statement, so would I.
We've finally hit that point where someone has basically said, "This statement is to say we don't actually really have a statement".
Also can you please show any post on here other than the ones to YOU, where I have tried to derail this thread?
Where is True Sky Blue? Would love to see his take on this, PUSB
Skyblues are forever
Ooh, it's better than that. I'm not saying this has happened, mind, but if a company's directors are found guilty of fraudulent and/or wrongful trading, then they themselves can be held liable for the debts of the company.
This is something I think the liquidator would typically investigate, rather than the creditors. But if the creditors don't think the liquidator isn't doing a robust enough job I presume they can challenge his decisions in court. This in much the same way Mr Appleton may find himself challenged.
I don't know the former as fact, I should say - the latter about PA is true though I believe, there is a right to challenge an administrator's decision in court.
This is the bit I'm not sure about.
I think it's pretty reasonable to assume that ACL took legal advice on all aspects of the administration before they made their decision to reject the CVA.
Rejecting the CVA was always likely to lead to the proposed liquidation and hence the loss of the £590k (if I remember correctly) offer. So why not take it?
If I'd been in ACL's situation and a creditor had walked away from contracted debts and then told me that (despite what the most recent accounts said) the relevant company was now non-trading, I'd have been straight on to the most aggressive lawyers I could find and briefed them to go after the associated companies and the Directors.
Will this be the next step from ACL?
Nice of you to admit to trying to derail the thread. Please stop, ignore me if I offend you that much.
Just like Fisher, very selective in how interpret what is in front of you.
Wouldn't there then be the danger you do that, we go through the same process again... as said associated companies still owe lots of cash, they get wound up too?
You are right though, it's a slightly absurd decision if there isn't a future 'plan' to reject the cash... although given dropping the JR was a condition (a condition SISU didn't accept - which they could have done to make themselves look better too), one could also assume although thrown out, there was an element of doubt whether it would be.
Which means going forward, nothing is certain.
For a change(!)
I'd contribute to an anti statement fighting fund mind you.
Seems I might be in a minority of one, but I think some of the statements have been marvellously entertaining. Much better than the bland nonsense that normally gets pumped out!
Yep - not saying that that won't happen, but the tricky thing is that CCFC Ltd is a separate entity in law. I don't know how you could extend the claim to the associated companies. Similarly, with the claims against the directors, I'm not sure you can do much more than flag it up to the relevant authorities like the police (for fraud) and the Administrator and/or liquidator.
I think this is why ACL voted down the CVA, because they genuinely believe there's something that needs investigating more thoroughly than Appleton has done, and this is their best chance of getting that investigation.
I'm not trying to defend SISU here to be clear. I'd like them to come to the table and negotiate honestly to get CCFC back home. Failing that I'd enjoy seeing them pulled apart limb by limb (metaphorically speaking).
Christ, I know watching |City can addle the mind of what's entertainment but...!
It's just so depressing they can't talk to one another, but can talk about!
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