Liverpool FC Forum

[JBG]

I've just been reading the terms of the TRO again and the arrogance and lies of omission by the two boys is staggering.

There is no mention of them being in default to RBS and that is why the club was being sold.

They also claim they appointed Broughtan but failed to disclose the fact that they were in default to RBS and Broughtan was imposed on them by RBS to sell the club. The lies of omission here and distortion of FACTS (yes, facts as found by Justice Floyd) are shocking.

It should be a straightforward matter having this lifted, even in Texas.

Plus, the Texan court resolved that it had jurisdiction over the defendants solely and purely on the "evidence" of H&G and again thats something which could probably be sorted easily.

[Thewaykokid]

I've just been reading the terms of the TRO again and the arrogance and lies of omission by the two boys is staggering.

There is no mention of them being in default to RBS and that is why the club was being sold.

They also claim they appointed Broughtan but failed to disclose the fact that they were in default to RBS and Broughtan was imposed on them by RBS to sell the club. The lies of omission here and distortion of FACTS (yes, facts as found by Justice Floyd) are shocking.

if they're distoring the facts then surely it will be overturned quickly???

[roberto green]

As much as I'm not a coalition supporter it's time the goverment stepped in and got on the blower to Obama and said get these 2 sorted.

[RUSHIE#9]

"The Director Defendants were acting merely as pawns of RBS, wholly abdicating the fiduciary responsibilities that they owed in the sale."

"RBS has been complicit in this scheme with the Director Defendants. For example, in letters from RBS to potential investors obtained just within the past few days, RBS has informed investors that it will approve of a deal only if there is "no economic return to equity" for Messrs. Hicks and Gillett. In furtherance of this grand conspiracy, on information and belief, RBS has improperly used its influence as the club's creditor and as a worldwide banking leader to prevent any transaction that would permit Messrs. Hicks and Gillett to recover any of their initial investment in the club, much less share in the substantial appreciation in the value of Liverpool FC that their investments have created."

I'm sorry but surely this is them just making a mockery of themselves.

I know F*ck all about the world of banking or law, but how gullible do you have to be to even start believing that an international bank would actually send letters to potential investors telling them that their bid will only be considered if they agree to screw these two over!!

[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.

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

Me too mate, ive not had more than 6 hours sleep each night all this week. Was looking forward to a good night sleep. Anyway maybe this will help. Of another forum...

An interesting email from a law student. "The Texas judge who issued the injunction has not made an decision on the merits of the case. The injunction just halts everything until there is a hearing. The grounds for granting an emergency TRO are that the actions will create irreparable harm that cannot be adequately compensated for through monetary damages. I suspect that once Judge Jordan actually has a hearing on the issue, he will dismiss it and remove the injunction. The Texas courts probably do have jurisdiction, but they will be hesitant to take it when it will put them in conflict with English courts that are better able to adjudicate the issue. Hopefully, this has only temporarily delayed the sale and Liverpool will avoid administration, but H&G have probably bought themselves a couple more days."

[Ciggy]

Tom hicks has just sued the bank owned by the UK taxpayer for $1,600,000,000.00 over LFC. A club he bought for £230m, which is now about to be sold for £300m, which he considers to be an undervalue.

You couldn't make this up.

[tubby]

Tom hicks has just sued the bank owned by the UK taxpayer for $1,600,000,000.00 over LFC. A club he bought for £230m, which is now about to be sold for £300m, which he considers to be an undervalue.

You couldn't make this up.

There will be a proper movie about this all one day, wait and see. 

[roberto green]

Tom hicks has just sued the bank owned by the UK taxpayer for $1,600,000,000.00 over LFC. A club he bought for £230m, which is now about to be sold for £300m, which he considers to be an undervalue.

You couldn't make this up.

what a !n tool

[Simari]

Tom hicks has just sued the bank owned by the UK taxpayer for $1,600,000,000.00 over LFC. A club he bought for £230m, which is now about to be sold for £300m, which he considers to be an undervalue.

You couldn't make this up.

There will be a proper movie about this all one day, wait and see. 

I am convinced this is their masterplan.

If there is one thing that will make money, it is a hollywood blockbuster involving America against the world, boardroom battles and billion dollar lawsuits

[NANNY RED]

I've just been reading the terms of the TRO again and the arrogance and lies of omission by the two boys is staggering.

There is no mention of them being in default to RBS and that is why the club was being sold.

They also claim they appointed Broughtan but failed to disclose the fact that they were in default to RBS and Broughtan was imposed on them by RBS to sell the club. The lies of omission here and distortion of FACTS (yes, facts as found by Justice Floyd) are shocking.

It should be a straightforward matter having this lifted, even in Texas.

Plus, the Texan court resolved that it had jurisdiction over the defendants solely and purely on the "evidence" of H&G and again thats something which could probably be sorted easily.

I hope your right mate , its good reading that

[tubby]

I am physically struggling to stay awake. Hopefully when I wake up tomorrow it will be to the headlines we have been sold.

[JBG]

The TRO states the following (amongst other nonsense):

"Based on the arguements in the Verified Petition and the arguements of counsel, the Court further finds that the Defendants Broughtan, Purslow and Ayer (collectively the "Directors Defendants") were appointed by the Plaintiffs as directors of Kop Holdings and Kop Football. The other directors were Messrs. Hicks and Gillette. Part of the job duties of the directors involved locating a person or company to purchase Liverpool FC for the fair market value of the club."

Anyone who has paid even cursory attention to whats going on will know that this is a massive distortion of the facts, that the reason the club was being sold was because H&G were in default to RBS, that RBS insisted on the appointment of Broughtan to sell the club and that H&G gave undertakings to RBS.

[Simari]

Complete distortion of facts and omission of findings from today's verdict.

That TRO will be thrown out in due time.

Just need to be patient (once again!)

[Kharhaz]

They are really testing my patience. 

[NANNY RED]

JBG what do you make of this,

"2 points
1. It may not hold any more water in a US court than it didn't in a UK court, but since NESV and RBS have business interests in the US, it will delay the sale because they have to show up to avoid contempt
2. He's done this with the Texas Rangers 3 months ago, and lost an identical case
the baseball commissioner took his team from him and forced the sale through"