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Won this morning ................. hoooooo bloody raaaayyy !!!! First win in 9 matches against Australia

just exactly when do you think that £32m disappeared or was lost ? You see everything that SISU investors and ARVO ever actually put in is still owing

my understanding is that they rejected on the basis that in their opinion the administration process was flawed.. I would assume they were trying to force a settlement on renting and JR but you would have to ask them. Were they aware prior to the vote of the FL conditions? did they know they...

Legally speaking though as directors of ACL they have to act in the best interests of that company when making any decisions whether employed by council, charity or an independent director. Just as Fisher Labovitch & waggott currently have to take decisions in the best interests of otium...

Now I am not saying this is the case I just do not know but............ Say the Council were to get it valued - say it was £20m (just an example). That establishes a value to the council that has been achieved by an independent valuer. now say they win the JR and are able to claim damages...

Do you really think that SISU are interested in offering what the CCC think it is worth though Robbo?

If SISU get an independent valuation at say £5m and say CCC get a valuation at say £20m why do the council have to compromise to meet half way? Surely CCC are duty bound to get the full value and their advice received would be that's 20m. To sell at less than that value would be against Local...

Just so we get a couple of things correct The ACL 2012 accounts were unqualified and the auditor made no statement about going concern or indeed any negotiations. The directors made mention of going concern and negotiations in the accounts and the auditor did not feel it was a matter...

release your inner child is what I say ............. :laugh: sometimes life is just too serious

You see I am not sure that is really the case. There seems to be a popular myth that SISU are some super court room beings that always win their case. I really do not think that is the case. What they appear to have is lots of money to spend on legal fees for expensive solicitors and barristers...

neither of the stakeholders has taken any profits out of ACL. The council has a mechanism whereby if profits are over £3.75m then they get a slice of those super profits on a sliding scale - no such payment has ever been made. The Charity and CCC directors are not paid by ACL either. The 1.9m...

You have to keep an open mind, of course there is a chance the Charity would lose the case but consider this that I posted yesterday To defend against the Charity claim of £29000 (pocket money surely to our owners) then you do not need to counter sue. All you have to do is prove there was no...

ACL got given a choice, either pay an annual rent of £1.9m or pay a one off lease premium of £21m. They chose the lease premium. To do that ACL accessed a loan from Yorkshire bank. By the time the CCC replaced YB as lender that loan had a settlement figure of 14.4m The council used the £21m to...

The JR documented referred to is the submission put to the court in order to support the case put forward that a JR should take place. For want of a better way of putting it the story according to SISU. It will include those things that SISU believe would persuade a judge to allow a JR. As such...

In amongst the understandable emotions around this latest move I think we need to keep sight of what we actually know. SISU are litigious, it is their tool of preference in business and when they use it they do so for a purpose. They are more than happy to throw hundreds of thousands of pounds...

To defend against the Charity claim of £29000 (pocket money surely to our owners) then you do not need to counter sue. All you have to do is prove there was no such agreement to pay the costs. However if you cant do that, need to put pressure on the other side and their associates you put in a...

In English law a verbal contract as I understand it is just as strong as a written one ...... the only problem is proving it existed In this case as I understand it there was a proper agreement before they started negotiations. Don't forget these talks started after the rent stopped highly...

This is the bit that I find curious "To pay for whatever they want to do they proposed a trade off of housing on their current site in Ryton which is green belt and that is what is not acceptable to us," he said. I assume they mean like a site swap because I cant see there being enough cash...

Yes the Charity did sue SISU for the payment. But if someone (in a general sense) doesn't pay something they have contracted for what are you supposed to do? just write it off? put it down to experience? or try hold them legally to account? Counter suing is still the legal process of suing...

CCFC had to pay that to Alan Higgs Centre Trust to start the negotiations to go back in. Tractor costs have nothing to do with Higgs Charity Nick