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That would be my interpretation but Labovich has claimed it was a plan between all parties involved which then brings up the question of legallity based on what he has stated relating to Higgs and CCC working together.

Interesting point. I guess in business you can but aren't you into the area of hostile takeovers? If the money was suddenly owed to SISU rather than YB what would prevent SISU from altering the repayment terms or requesting the full balance be paid?

Not sure there's any legal reason CCC would have to keep SISU informed of any contact they had with YB? Have SISU stated that they kept CCC and Higgs fully informed of their approach to YB?

That's always been the case I think. Wasn't the originally plan for Higgs to hold the share in the shorterm while the club sorted out it's cashflow and then for the club to buy it straight back. My impression was always they were trying to help the club out and came unstuck. Don't think they...

They're either trying to get PWKH to fall into a trap for something down the line or are desperately short of any actual evidence as nothing they're bringing up seems to have any relevance to the case.

Morning all, ready for another fun day of court action. Who needs the World Cup when you can spend all summer following our court cases! Has anyone apart from SISU ever mentioned that the mortgage was available for £8m? Not saying it's not true but with SISU's track record it would be good...

That's got to be worth a ban :D

Personally I think you're giving SISU way too much credit there.

Wasn't there something related to the JR where they tried to gain access to CCC and / or Higgs information and the judge refused the request?

I think people are forgetting that it was Higgs that took this to court in the first place not SISU so it's not like its part of some grand master plan to get information.

Yes, Simon also reporting on twitter it seems the counterclaim has been thrown out.

That sounds like it gone about as badly as it could possibly go for SISU today. Seems like he's close to telling SISU to go away and stop wasting everyones time!

Should SISU lose I wonder where the debt for all that is going to end up?

Are you certain? I thought you had the options of admit liability, defend the claim or issue a counter claim.

Both I would assume as you would rule one way or the other.

So it seems the clause Higgs are claiming under does exist and has a limit (I guess the £29K). Unless there's exemptions written into the clause SISU will be stuffed won't they?

That's not the best arguement to make in court is it??? If that's the best their squad of legal types could come up with Fisher should be a touch worried!

Both sides have had to lay out the basis of their arguement over the last few hours. If you had something that was going to blow the whole case out of the water you'd mention it as early as possible so you could get it all over and done with.

Then they probably shouldn't have mentioned that before now!

That would be the worst possible for scenario and in my opinion the best result for a quick return to the Ricoh. If the judge turns round and basically tells them to get stuffed and stop wasting everyones time they might think twice about how the JR will go.