Can the administrator sell the assets of Ltd without the CVA? (1 Viewer)

[OyJimmy]

Can the administrator sell the assets of Ltd without the CVA?

 

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[Skybluecraig]

Can the administrator sell the assets of Ltd without the CVA?

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Which assets, exactly?

 

[wingy]

Can the administrator sell the assets of Ltd without the CVA?

Has'nt he already? last weeks statement,"I have sold certain rights to assets within LTD ,I stress I am only able to do this as they Claim beneficial ownership" !

 

[NorthernWisdom]

He can, although it can be challenged if there's a reason to, I think.

The consequence wrt the league is further penalties, although frankly that's the least of our worries.

 

[OyJimmy]

It's kind of crucial. Has the title to the golden share gone to Otium or not?

 

[NorthernWisdom]

Who the league will issue the share to will not be decided until Otium are confirmed as owners.

 

[wingy]

It's kind of crucial. Has the title to the golden share gone to Otium or not?

Again jimmy PA says he has been able to sell rights to certain Assets of LTD as they lay "Beneficial Ownership Claims over them . That Is where a challenge can be made ,Its all down to ACL ,or anyone willing to back them through Legals.