LFC SOLD to NESV.
- Thread starter Terrier
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Re: LFC not yet sold to NESV (but we're getting there, maybe...)
[quote author=Terrier link=topic=41783.msg1196410#msg1196410 date=1287079734]
football legal counseling?
[/quote]
Really ? I think Neil may have a few questions for you in that case. Over to you spider.
[quote author=Terrier link=topic=41783.msg1196410#msg1196410 date=1287079734]
football legal counseling?
[/quote]
Really ? I think Neil may have a few questions for you in that case. Over to you spider.
Re: LFC not yet sold to NESV (but we're getting there, maybe...)
[quote author=Bologna link=topic=41783.msg1196415#msg1196415 date=1287079866]
The final whistle hasn't blown yet.
I'm keeping the champers on ice for now.
[/quote]
Fucking el it's like a reunion !!
[quote author=Bologna link=topic=41783.msg1196415#msg1196415 date=1287079866]
The final whistle hasn't blown yet.
I'm keeping the champers on ice for now.
[/quote]
Fucking el it's like a reunion !!
Re: LFC not yet sold to NESV (but we're getting there, maybe...)
[quote author=Sunny link=topic=41783.msg1196418#msg1196418 date=1287079892]
[quote author=Terrier link=topic=41783.msg1196410#msg1196410 date=1287079734]
football legal counseling?
[/quote]
Really ? I think Neil may have a few questions for you in that case. Over to you spider.
[/quote]
*runs like a rabid cunt*
[quote author=Sunny link=topic=41783.msg1196418#msg1196418 date=1287079892]
[quote author=Terrier link=topic=41783.msg1196410#msg1196410 date=1287079734]
football legal counseling?
[/quote]
Really ? I think Neil may have a few questions for you in that case. Over to you spider.
[/quote]
*runs like a rabid cunt*
Re: LFC not yet sold to NESV (but we're getting there, maybe...)
Aren't US ones televised? So where's the link?!
Aren't US ones televised? So where's the link?!
T
the_khl
Guest
Re: LFC not yet sold to NESV (but we're getting there, maybe...)
Hicks and Gillette are reluctant to sell.
Hicks and Gillette are reluctant to sell.
Re: LFC not yet sold to NESV (but we're getting there, maybe...)
[quote author=SaintGeorge67 link=topic=41783.msg1196424#msg1196424 date=1287080003]
Aren't US ones televised? So where's the link?!
[/quote]
Must be on Sopcast right or is it Judge Judy?
[quote author=SaintGeorge67 link=topic=41783.msg1196424#msg1196424 date=1287080003]
Aren't US ones televised? So where's the link?!
[/quote]
Must be on Sopcast right or is it Judge Judy?
Re: LFC not yet sold to NESV (but we're getting there, maybe...)
sexy 6ft1tall busty Julie Strain in "Sex court"
sexy 6ft1tall busty Julie Strain in "Sex court"
T
the_khl
Guest
Re: LFC not yet sold to NESV (but we're getting there, maybe...)
[quote author=Sunny link=topic=41783.msg1196429#msg1196429 date=1287080134]
[quote author=KHL link=topic=41783.msg1196425#msg1196425 date=1287080013]
Hicks and Gillette are reluctant to sell.
[/quote]
You forgot the "Breaking News" prefix
[/quote]
Thought it was only a wicked rumour?
PS Dig your new avatar mate...
[quote author=Sunny link=topic=41783.msg1196429#msg1196429 date=1287080134]
[quote author=KHL link=topic=41783.msg1196425#msg1196425 date=1287080013]
Hicks and Gillette are reluctant to sell.
[/quote]
You forgot the "Breaking News" prefix
[/quote]
Thought it was only a wicked rumour?
PS Dig your new avatar mate...
Re: LFC not yet sold to NESV (but we're getting there, maybe...)
[quote author=Terrier link=topic=41783.msg1196431#msg1196431 date=1287080196]
[quote author=SaintGeorge67 link=topic=41783.msg1196424#msg1196424 date=1287080003]
Aren't US ones televised? So where's the link?!
[/quote]
That was quick
[/quote]Might take a minute to get a response. Everyone is watching sex court.
[quote author=Terrier link=topic=41783.msg1196431#msg1196431 date=1287080196]
[quote author=SaintGeorge67 link=topic=41783.msg1196424#msg1196424 date=1287080003]
Aren't US ones televised? So where's the link?!
[/quote]
That was quick
[/quote]Might take a minute to get a response. Everyone is watching sex court.
Re: LFC not yet sold to NESV (but we're getting there, maybe...)
I've developed a ruling watching Sex Court.
I've developed a ruling watching Sex Court.
Re: LFC not yet sold to NESV (but we're getting there, maybe...)
I'm nipping off to the toilet to place an injunction in some bog roll.
I'm nipping off to the toilet to place an injunction in some bog roll.
Re: LFC not yet sold to NESV (but we're getting there, maybe...)
[quote author=Bologna link=topic=41783.msg1196442#msg1196442 date=1287080612]
Sorry, I've just cum.
[/quote]
*wipes eye*
There's a lot of fluids being thrown round this thread. Can you all have a bit of consideration for others?
[quote author=Bologna link=topic=41783.msg1196442#msg1196442 date=1287080612]
Sorry, I've just cum.
[/quote]
*wipes eye*
There's a lot of fluids being thrown round this thread. Can you all have a bit of consideration for others?
Re: LFC not yet sold to NESV (but we're getting there, maybe...)
Some of the "thinking" behind Hicks' decision to enter a Dallas court...
Steve Stodghill, a lawyer for Hicks and Gillett, said the Texas court had jurisdiction to halt the sale because of all the defendants' business connections to North Texas.
Among the factors that give the Texas court a say: The Royal Bank of Scotland solicits business and has a registered agent here; Broughton had meetings in Dallas with Hicks; and the Red Sox play the Texas Rangers each year in Arlington, Stodghill said.
"It is totally fair for us to pull RBS and the defendants into a Texas court," he said, adding that Hicks picked state court over federal court mostly for speed.
The local newspaper is at www.dallasnews.com, if anybody wants to search through the site - There's not a lot of new stuff there...
Some of the "thinking" behind Hicks' decision to enter a Dallas court...
Steve Stodghill, a lawyer for Hicks and Gillett, said the Texas court had jurisdiction to halt the sale because of all the defendants' business connections to North Texas.
Among the factors that give the Texas court a say: The Royal Bank of Scotland solicits business and has a registered agent here; Broughton had meetings in Dallas with Hicks; and the Red Sox play the Texas Rangers each year in Arlington, Stodghill said.
"It is totally fair for us to pull RBS and the defendants into a Texas court," he said, adding that Hicks picked state court over federal court mostly for speed.
The local newspaper is at www.dallasnews.com, if anybody wants to search through the site - There's not a lot of new stuff there...
Re: LFC not yet sold to NESV (but we're getting there, maybe...)
It should be in Texas because the Red Sox have played there ???
It should be in Texas because the Red Sox have played there ???
Re: LFC Sold to NESV (RBS WIN COURT RULING - CONFIRMED.........TBC
[quote author=FreshRed link=topic=41783.msg1196372#msg1196372 date=1287078204]
[quote author=Skullflower link=topic=41783.msg1196308#msg1196308 date=1287075792]
Hicks will sell his shares tonight I reckon. Something like that.
[/quote]
There is no way that Hicks can legally sell his shares.
1. First his shares are the security for the RBS loan, so that must be paid first. And, it appears that in the agreement for NESV to purchase the club that RBS has agreed to waive some the penalties that were written into the most recent refinancing. They would likely not waive those fees for Hicks in this action, so Mills or someone would have to pay a premium just to remove the debt and prevent Administration.
2. Each company has a Shareholders agreement which governs when and to whom and with whose permission a shareholder can sell their shares. For example, we knew that Hicks and Gilette originally had first right of refusal on each other's shares. This would be stipulated in the shareholder agreement. It is a certainty that during the refinancing that RBS provided Broughton the authority to determine who can purchase Hicks and Gillette's shares. Because of this, I believe that Gillette likely still "owns" his shares, but that any benefits that accrue from that ownership would be directed his creditors (Mills).
Therefore, Hicks cannot just sell his shares. His only argument is that the board have violated their fiduciary responsibilities and should be replaced. That argument already failed in the UK and I am confident that the US courts will recognize a lack of jurisdiction, although I would not trust a Texas court. May take time on appeal.
[/quote]
Good ppints in there; I'd forgotten about some of them.
[quote author=FreshRed link=topic=41783.msg1196372#msg1196372 date=1287078204]
[quote author=Skullflower link=topic=41783.msg1196308#msg1196308 date=1287075792]
Hicks will sell his shares tonight I reckon. Something like that.
[/quote]
There is no way that Hicks can legally sell his shares.
1. First his shares are the security for the RBS loan, so that must be paid first. And, it appears that in the agreement for NESV to purchase the club that RBS has agreed to waive some the penalties that were written into the most recent refinancing. They would likely not waive those fees for Hicks in this action, so Mills or someone would have to pay a premium just to remove the debt and prevent Administration.
2. Each company has a Shareholders agreement which governs when and to whom and with whose permission a shareholder can sell their shares. For example, we knew that Hicks and Gilette originally had first right of refusal on each other's shares. This would be stipulated in the shareholder agreement. It is a certainty that during the refinancing that RBS provided Broughton the authority to determine who can purchase Hicks and Gillette's shares. Because of this, I believe that Gillette likely still "owns" his shares, but that any benefits that accrue from that ownership would be directed his creditors (Mills).
Therefore, Hicks cannot just sell his shares. His only argument is that the board have violated their fiduciary responsibilities and should be replaced. That argument already failed in the UK and I am confident that the US courts will recognize a lack of jurisdiction, although I would not trust a Texas court. May take time on appeal.
[/quote]
Good ppints in there; I'd forgotten about some of them.
Re: LFC not yet sold to NESV (but we're getting there, maybe...)
[quote author=IanTheRed link=topic=41783.msg1196352#msg1196352 date=1287076986]
Drum roll, it begins again...
If anyone knows how to send a question back to this guy, could they ask him how the Texas injunction can still be regarded as binding in this country if an English court has decided that the Texas court doesn't have jurisdiction?
[quote author=IanTheRed link=topic=41783.msg1196352#msg1196352 date=1287076986]
Drum roll, it begins again...
[/quote]
If anyone knows how to send a question back to this guy, could they ask him how the Texas injunction can still be regarded as binding in this country if an English court has decided that the Texas court doesn't have jurisdiction?
Re: LFC not yet sold to NESV (but we're getting there, maybe...)
[quote author=Whaddapie link=topic=41783.msg1196448#msg1196448 date=1287080844]
Some of the "thinking" behind Hicks' decision to enter a Dallas court...
Steve Stodghill, a lawyer for Hicks and Gillett, said the Texas court had jurisdiction to halt the sale because of all the defendants' business connections to North Texas.
Among the factors that give the Texas court a say: The Royal Bank of Scotland solicits business and has a registered agent here; Broughton had meetings in Dallas with Hicks; and the Red Sox play the Texas Rangers each year in Arlington, Stodghill said.
"It is totally fair for us to pull RBS and the defendants into a Texas court," he said, adding that Hicks picked state court over federal court mostly for speed.
The local newspaper is at www.dallasnews.com, if anybody wants to search through the site - There's not a lot of new stuff there...
[/quote]
Comments like these are the reason people unfairly regard Texans as being morons.
[quote author=Whaddapie link=topic=41783.msg1196448#msg1196448 date=1287080844]
Some of the "thinking" behind Hicks' decision to enter a Dallas court...
Steve Stodghill, a lawyer for Hicks and Gillett, said the Texas court had jurisdiction to halt the sale because of all the defendants' business connections to North Texas.
Among the factors that give the Texas court a say: The Royal Bank of Scotland solicits business and has a registered agent here; Broughton had meetings in Dallas with Hicks; and the Red Sox play the Texas Rangers each year in Arlington, Stodghill said.
"It is totally fair for us to pull RBS and the defendants into a Texas court," he said, adding that Hicks picked state court over federal court mostly for speed.
The local newspaper is at www.dallasnews.com, if anybody wants to search through the site - There's not a lot of new stuff there...
[/quote]
Comments like these are the reason people unfairly regard Texans as being morons.
Re: LFC not yet sold to NESV (but we're getting there, maybe...)
[quote author=Avmenon link=topic=41783.msg1196454#msg1196454 date=1287081076]
[quote author=Whaddapie link=topic=41783.msg1196448#msg1196448 date=1287080844]
Some of the "thinking" behind Hicks' decision to enter a Dallas court...
Steve Stodghill, a lawyer for Hicks and Gillett, said the Texas court had jurisdiction to halt the sale because of all the defendants' business connections to North Texas.
Among the factors that give the Texas court a say: The Royal Bank of Scotland solicits business and has a registered agent here; Broughton had meetings in Dallas with Hicks; and the Red Sox play the Texas Rangers each year in Arlington, Stodghill said.
"It is totally fair for us to pull RBS and the defendants into a Texas court," he said, adding that Hicks picked state court over federal court mostly for speed.
The local newspaper is at www.dallasnews.com, if anybody wants to search through the site - There's not a lot of new stuff there...
[/quote]
Comments like these are the reason people unfairly regard Texans as being morons.
[/quote]Yeah that plus theyre all fucking morons.
[quote author=Avmenon link=topic=41783.msg1196454#msg1196454 date=1287081076]
[quote author=Whaddapie link=topic=41783.msg1196448#msg1196448 date=1287080844]
Some of the "thinking" behind Hicks' decision to enter a Dallas court...
Steve Stodghill, a lawyer for Hicks and Gillett, said the Texas court had jurisdiction to halt the sale because of all the defendants' business connections to North Texas.
Among the factors that give the Texas court a say: The Royal Bank of Scotland solicits business and has a registered agent here; Broughton had meetings in Dallas with Hicks; and the Red Sox play the Texas Rangers each year in Arlington, Stodghill said.
"It is totally fair for us to pull RBS and the defendants into a Texas court," he said, adding that Hicks picked state court over federal court mostly for speed.
The local newspaper is at www.dallasnews.com, if anybody wants to search through the site - There's not a lot of new stuff there...
[/quote]
Comments like these are the reason people unfairly regard Texans as being morons.
[/quote]Yeah that plus theyre all fucking morons.
Re: LFC not yet sold to NESV (but we're getting there, maybe...)
[quote author=Herr Onceared link=topic=41783.msg1196455#msg1196455 date=1287081135]
[quote author=Avmenon link=topic=41783.msg1196454#msg1196454 date=1287081076]
[quote author=Whaddapie link=topic=41783.msg1196448#msg1196448 date=1287080844]
Some of the "thinking" behind Hicks' decision to enter a Dallas court...
Steve Stodghill, a lawyer for Hicks and Gillett, said the Texas court had jurisdiction to halt the sale because of all the defendants' business connections to North Texas.
Among the factors that give the Texas court a say: The Royal Bank of Scotland solicits business and has a registered agent here; Broughton had meetings in Dallas with Hicks; and the Red Sox play the Texas Rangers each year in Arlington, Stodghill said.
"It is totally fair for us to pull RBS and the defendants into a Texas court," he said, adding that Hicks picked state court over federal court mostly for speed.
The local newspaper is at www.dallasnews.com, if anybody wants to search through the site - There's not a lot of new stuff there...
[/quote]
Comments like these are the reason people unfairly regard Texans as being morons.
[/quote]Yeah that plus theyre all fucking morons.
[/quote]
who take it up the arse. Cos of the pledge like.
[quote author=Herr Onceared link=topic=41783.msg1196455#msg1196455 date=1287081135]
[quote author=Avmenon link=topic=41783.msg1196454#msg1196454 date=1287081076]
[quote author=Whaddapie link=topic=41783.msg1196448#msg1196448 date=1287080844]
Some of the "thinking" behind Hicks' decision to enter a Dallas court...
Steve Stodghill, a lawyer for Hicks and Gillett, said the Texas court had jurisdiction to halt the sale because of all the defendants' business connections to North Texas.
Among the factors that give the Texas court a say: The Royal Bank of Scotland solicits business and has a registered agent here; Broughton had meetings in Dallas with Hicks; and the Red Sox play the Texas Rangers each year in Arlington, Stodghill said.
"It is totally fair for us to pull RBS and the defendants into a Texas court," he said, adding that Hicks picked state court over federal court mostly for speed.
The local newspaper is at www.dallasnews.com, if anybody wants to search through the site - There's not a lot of new stuff there...
[/quote]
Comments like these are the reason people unfairly regard Texans as being morons.
[/quote]Yeah that plus theyre all fucking morons.
[/quote]
who take it up the arse. Cos of the pledge like.
Re: LFC not yet sold to NESV (but we're getting there, maybe...)
[quote author=Avmenon link=topic=41783.msg1196454#msg1196454 date=1287081076]
[quote author=Whaddapie link=topic=41783.msg1196448#msg1196448 date=1287080844]
Some of the "thinking" behind Hicks' decision to enter a Dallas court...
Steve Stodghill, a lawyer for Hicks and Gillett, said the Texas court had jurisdiction to halt the sale because of all the defendants' business connections to North Texas.
Among the factors that give the Texas court a say: The Royal Bank of Scotland solicits business and has a registered agent here; Broughton had meetings in Dallas with Hicks; and the Red Sox play the Texas Rangers each year in Arlington, Stodghill said.
"It is totally fair for us to pull RBS and the defendants into a Texas court," he said, adding that Hicks picked state court over federal court mostly for speed.
The local newspaper is at www.dallasnews.com, if anybody wants to search through the site - There's not a lot of new stuff there...
[/quote]
Comments like these are the reason people unfairly regard Texans as being morons.
[/quote]
Comments made by a lawyer to justify his client's case..? I see.
[quote author=Avmenon link=topic=41783.msg1196454#msg1196454 date=1287081076]
[quote author=Whaddapie link=topic=41783.msg1196448#msg1196448 date=1287080844]
Some of the "thinking" behind Hicks' decision to enter a Dallas court...
Steve Stodghill, a lawyer for Hicks and Gillett, said the Texas court had jurisdiction to halt the sale because of all the defendants' business connections to North Texas.
Among the factors that give the Texas court a say: The Royal Bank of Scotland solicits business and has a registered agent here; Broughton had meetings in Dallas with Hicks; and the Red Sox play the Texas Rangers each year in Arlington, Stodghill said.
"It is totally fair for us to pull RBS and the defendants into a Texas court," he said, adding that Hicks picked state court over federal court mostly for speed.
The local newspaper is at www.dallasnews.com, if anybody wants to search through the site - There's not a lot of new stuff there...
[/quote]
Comments like these are the reason people unfairly regard Texans as being morons.
[/quote]
Comments made by a lawyer to justify his client's case..? I see.
Re: LFC not yet sold to NESV (but we're getting there, maybe...)
[quote author=Sunny link=topic=41783.msg1196456#msg1196456 date=1287081205]
[quote author=Herr Onceared link=topic=41783.msg1196455#msg1196455 date=1287081135]
[quote author=Avmenon link=topic=41783.msg1196454#msg1196454 date=1287081076]
[quote author=Whaddapie link=topic=41783.msg1196448#msg1196448 date=1287080844]
Some of the "thinking" behind Hicks' decision to enter a Dallas court...
Steve Stodghill, a lawyer for Hicks and Gillett, said the Texas court had jurisdiction to halt the sale because of all the defendants' business connections to North Texas.
Among the factors that give the Texas court a say: The Royal Bank of Scotland solicits business and has a registered agent here; Broughton had meetings in Dallas with Hicks; and the Red Sox play the Texas Rangers each year in Arlington, Stodghill said.
"It is totally fair for us to pull RBS and the defendants into a Texas court," he said, adding that Hicks picked state court over federal court mostly for speed.
The local newspaper is at www.dallasnews.com, if anybody wants to search through the site - There's not a lot of new stuff there...
[/quote]
Comments like these are the reason people unfairly regard Texans as being morons.
[/quote]Yeah that plus theyre all fucking morons.
[/quote]
who take it up the arse. Cos of the pledge like.
[/quote]
That has not been confirmed at this point.
[quote author=Sunny link=topic=41783.msg1196456#msg1196456 date=1287081205]
[quote author=Herr Onceared link=topic=41783.msg1196455#msg1196455 date=1287081135]
[quote author=Avmenon link=topic=41783.msg1196454#msg1196454 date=1287081076]
[quote author=Whaddapie link=topic=41783.msg1196448#msg1196448 date=1287080844]
Some of the "thinking" behind Hicks' decision to enter a Dallas court...
Steve Stodghill, a lawyer for Hicks and Gillett, said the Texas court had jurisdiction to halt the sale because of all the defendants' business connections to North Texas.
Among the factors that give the Texas court a say: The Royal Bank of Scotland solicits business and has a registered agent here; Broughton had meetings in Dallas with Hicks; and the Red Sox play the Texas Rangers each year in Arlington, Stodghill said.
"It is totally fair for us to pull RBS and the defendants into a Texas court," he said, adding that Hicks picked state court over federal court mostly for speed.
The local newspaper is at www.dallasnews.com, if anybody wants to search through the site - There's not a lot of new stuff there...
[/quote]
Comments like these are the reason people unfairly regard Texans as being morons.
[/quote]Yeah that plus theyre all fucking morons.
[/quote]
who take it up the arse. Cos of the pledge like.
[/quote]
That has not been confirmed at this point.
Re: LFC not yet sold to NESV (but we're getting there, maybe...)
Avvy, I've got to say I came across a number of occasions in my career on which individuals in this country (whether lawyers or not) sought to put similar non-reasons forward for issuing proceedings in one court as opposed to another.
Avvy, I've got to say I came across a number of occasions in my career on which individuals in this country (whether lawyers or not) sought to put similar non-reasons forward for issuing proceedings in one court as opposed to another.
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