Nick
Administrator
There is only one Harlem Shake..
[video=youtube;grePdFUosFY]https://www.youtube.com/watch?v=grePdFUosFY[/video]
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?
No. What's political about it?
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.
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]
[4th wicket for Warks!]
I imagined that with the music of harlem shake, benny hill, gangnam style the lot!
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.
@TheSimonGilbert: Court hears Sisu QC say Seppala told bank she would only be willing to pay £100,000 a season as it was the "going rate"
Awaits Rob's next venture: Keep Warks Called Warks.
Knickers & Twist !
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?
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.
Awaits Rob's next venture: Keep Warks Called Warks.
Who's Dave Johnson?
Liverpool legend?
Who's Dave Johnson?
Keep Warks in erm the Metropolitan County of the West Midlands
Not quite, but whatever the result ( my tip is a draw ), there will be bollockings all round from the judge.
Discussion on development value of car park. Best value as car show room!
Fuck car showrooms. I want bars and restaurants alongside the canal!
:blue:
Fuck car showrooms. I want bars and restaurants alongside the canal!
:blue:
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.
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
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