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Can the administrator sell the assets of Ltd without the CVA? (3 Viewers)

  • Thread starter OyJimmy
  • Start date Jul 5, 2013
Forums New posts
O

OyJimmy

Member
  • Jul 5, 2013
  • #1
Can the administrator sell the assets of Ltd without the CVA?
 
S

Skybluecraig

Member
  • Jul 5, 2013
  • #2
OyJimmy said:
Can the administrator sell the assets of Ltd without the CVA?
Click to expand...
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Which assets, exactly?
 
W

wingy

Well-Known Member
  • Jul 5, 2013
  • #3
OyJimmy said:
Can the administrator sell the assets of Ltd without the CVA?
Click to expand...

Has'nt he already? last weeks statement,"I have sold certain rights to assets within LTD ,I stress I am only able to do this as they Claim beneficial ownership" !
 
D

Deleted member 5849

Guest
  • Jul 5, 2013
  • #4
He can, although it can be challenged if there's a reason to, I think.

The consequence wrt the league is further penalties, although frankly that's the least of our worries.
 
O

OyJimmy

Member
  • Jul 5, 2013
  • #5
It's kind of crucial. Has the title to the golden share gone to Otium or not?
 
D

Deleted member 5849

Guest
  • Jul 5, 2013
  • #6
Who the league will issue the share to will not be decided until Otium are confirmed as owners.
 
W

wingy

Well-Known Member
  • Jul 5, 2013
  • #7
OyJimmy said:
It's kind of crucial. Has the title to the golden share gone to Otium or not?
Click to expand...

Again jimmy PA says he has been able to sell rights to certain Assets of LTD as they lay "Beneficial Ownership Claims over them . That Is where a challenge can be made ,Its all down to ACL ,or anyone willing to back them through Legals.
 
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