Liverpool FC Forum

[JBG]

Tom and George are being very bold boys here. If you look at the copy of the order the previous poster linked to, in the description of the alleged "facts" H&G have made available to the Texan court, they have conviently omitted the ruling made by Justice Floyd today. They refer to the board meeting scheduled tonight but they have failed to disclose to the Texan judge that the board meeting was ordered by Justice Floyd to occur no later than 8.00pm tonight.

I'm no expert on Texan law but surely where an injunction (or TRO here) is granted on an ex parte basis (i.e. only the person looking for the order appears in court) the applicant is expected to divulge all material facts to the judge. Failing to disclose the London court order is fairly shameless and is effectively lying by omission to the court.

If Hicks wants to sue RBS, Broughtan et al he needs to do so in an English court, he wont get anywhere in Texas.

What he is really hoping for is to blow smoke up NESV's and hope they will be rattled and pull out. However, the TRO is losely worded and there's no doubt NESV have already set up a purchase vehicle - i.e. a new English company - to purchase the club on their behalf and this will probably not come within the terms of the TRO and can go ahead with the purchase.

[tubby]

Liverpool directors agree to complete sale of club to Boston Red Sox owners and will seek to have Texas court order preventing sale removed

[Masch79]

go an spin for ya $1.6billion yold cu_nt am off to bed!!!! 

[Ciggy]

Liverpool FC statement
13th Oct 2010 - Latest News
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Following the successful conclusion of High Court proceedings today, the Boards of Directors of Kop Football and Kop Holdings met tonight and resolved to complete the sale of Liverpool FC to New England Sports Ventures.

Regretably, Thomas Hicks and George Gillett have tonight obtained a Temporary Restraining Order from a Texas District Court against the independent directors, Royal Bank of Scotland PLC and NESV to prevent the transaction being completed.

The independent directors consider the restraining order to be unwarranted and damaging and will move as swiftly as possible to seek to have it removed.

A further statement will be made in due course.

Author: Liverpool FC
Tagged: Liverpool FC , ownership

[dundreamin]

What the fu.ck has a texan court got to with a British company?  The mans a kunt. Ak47 time he wont learn therefore he has to die. The way he,s going he gona get topped. like him shows how the greedy operate. Thats why we in recession GREED PURE GREED. Bush is his mate

[roberto green]

what's going on then, I have been listening to radio city in bed and it said that there will be a court case taking place on October 25th in Texas and a injunction has been successfully been granted? Once again I am in for about 4 hours sleep before work because of these c unts

[NANNY RED]

heads batterd again now, feckin hell.

[JBG]

The board say they club is sold but they still appear to have treated the TRO seriously in that they are saying they "need to rid the TRO first."

Should be straightforward: go into the Texan court tomorrow morning and make an application to have it removed on the grounds that the English High Court has sanctioned the sale.

Edit: I just saw Ciggy's post about the club's official statement.

[tubby]

What the fu.ck has a texan court got to with a British company?  The mans a kunt. Ak47 time he wont learn therefore he has to die. The way he,s going he gona get topped. like him shows how the greedy operate. Thats why we in recession GREED PURE GREED. Bush is his mate

Holding company is based in the US... must be..

Anyway the clubs statement sounds positive. Hopefully they will just carry on as normal with the sale and go nah nah nah at Hicks kind of like this 

[Scottbot]

Tom and George are being very bold boys here. If you look at the copy of the order the previous poster linked to, in the description of the alleged "facts" H&G have made available to the Texan court, they have conviently omitted the ruling made by Justice Floyd today. They refer to the board meeting scheduled tonight but they have failed to disclose to the Texan judge that the board meeting was ordered by Justice Floyd to occur no later than 8.00pm tonight.

I'm no expert on Texan law but surely where an injunction (or TRO here) is granted on an ex parte basis (i.e. only the person looking for the order appears in court) the applicant is expected to divulge all material facts to the judge. Failing to disclose the London court order is fairly shameless and is effectively lying by omission to the court.

If Hicks wants to sue RBS, Broughtan et al he needs to do so in an English court, he wont get anywhere in Texas.

What he is really hoping for is to blow smoke up NESV's and hope they will be rattled and pull out. However, the TRO is losely worded and there's no doubt NESV have already set up a purchase vehicle - i.e. a new English company - to purchase the club on their behalf and this will probably not come within the terms of the TRO and can go ahead with the purchase.

Good insights there mate. Also, it seems largely to have been based on the 'premise' that Ian Ayre and Christian Purslow were no longer members of the board thus making the sale and any agreements null and void however, yesterday it was ruled (within a British high court) that the Americans attempts to reconstitute the board were in violation of the agreement they entered with Barcap and RBS to conduct the sale.

I wander where this goes if the sale is still unresolved on October 15th? I don't believe that RBS will put the club into administration but what powers do they have once the loan is officially in default?

This is all bluster i'm sure, it's the last roll of the dice from two cats in a corner.

Deffo think it's time to bombard the law representing them with a billion emails.

[roberto green]

What the fu.ck has a texan court got to with a British company?  The mans a kunt. Ak47 time he wont learn therefore he has to die. The way he,s going he gona get topped. like him shows how the greedy operate. Thats why we in recession GREED PURE GREED. Bush is his mate

Holding company is based in the US... must be..

Anyway the clubs statement sounds positive. Hopefully they will just carry on as normal with the sale and go nah nah nah at Hicks kind of like this 

Doesn't matter if the company is in America, at the end of the day they still borrowed the money in that companies name from RBS so the money was not theres in the first place and since they never paid any of that loan back they seriously haven't a leg to stand on.




I AM FUMING!!!!!!!!!!!!!!

[tubby]

What the fu.ck has a texan court got to with a British company?  The mans a kunt. Ak47 time he wont learn therefore he has to die. The way he,s going he gona get topped. like him shows how the greedy operate. Thats why we in recession GREED PURE GREED. Bush is his mate

Holding company is based in the US... must be..

Anyway the clubs statement sounds positive. Hopefully they will just carry on as normal with the sale and go nah nah nah at Hicks kind of like this 

Doesn't matter if the company is in America, at the end of the day they still borrowed the money in that companies name from RBS so the money was not theres in the first place and since they never paid any of that loan back they seriously haven't a leg to stand on.




I AM FUMING!!!!!!!!!!!!!!

I dunno mate thats the only reason I could see him getting this restraining order.

[roberto green]

1.6 Billion dollars by the way is prob about £900m in our terms and that is around what they were trying to get the value of the club at of which the mystery ground was included

[Thewaykokid]

fuking hell wtf is going on? These 2 are fukn everything up.......

[roberto green]

What the fu.ck has a texan court got to with a British company?  The mans a kunt. Ak47 time he wont learn therefore he has to die. The way he,s going he gona get topped. like him shows how the greedy operate. Thats why we in recession GREED PURE GREED. Bush is his mate

Holding company is based in the US... must be..

Anyway the clubs statement sounds positive. Hopefully they will just carry on as normal with the sale and go nah nah nah at Hicks kind of like this 

Doesn't matter if the company is in America, at the end of the day they still borrowed the money in that companies name from RBS so the money was not theres in the first place and since they never paid any of that loan back they seriously haven't a leg to stand on.




I AM FUMING!!!!!!!!!!!!!!

I dunno mate thats the only reason I could see him getting this restraining order.

Proper fuming though Bav I was off to bed about 10ish for a nice sleep and then I heard that, wouldn't mind i'm up at 4:30