CCFC Ltd (in admin) Directors Liability (1 Viewer)

SkyBlueBlood · Mar 22, 2013

ACL have alluded to the fact that assets have been moved from CCFC Ltd to another company prior to putting CCFC Ltd into administration without advising anyone.

Does this put the remaining directors of CCFC Ltd under liability for sharp practice (mind that would be a first for SISU);

http://www.icaew.com/en/library/sub...an-be-personally-liable-on-company-insolvency

CJparker · Mar 22, 2013

I hope so - personal prosecutions are probably the way forward now.

torchomatic · Mar 22, 2013

And death by firing squad?

CJparker said:
I hope so - personal prosecutions are probably the way forward now.

wingy · Mar 22, 2013

torchomatic said:
And death by firing squad?

I like the Idea of a public stoning myself.

Diehard Si · Mar 22, 2013

torchomatic said:
And death by firing squad?

Public stoning in the Ricoh. Half time entertainment. Bring your own rocks. Might improve the condition of the pitch also.

SkyBlueBlood · Mar 22, 2013

Could always bring back hangings by the Golden Cross

Godiva · Mar 22, 2013

SkyBlueBlood said:
ACL have alluded to the fact that assets have been moved from CCFC Ltd to another company prior to putting CCFC Ltd into administration without advising anyone.

Does this put the remaining directors of CCFC Ltd under liability for sharp practice (mind that would be a first for SISU);

http://www.icaew.com/en/library/sub...an-be-personally-liable-on-company-insolvency

Good question.
When did they create ARVO?
Some have said repeatedly since last summer that the rent strike is not about rent amount, but about gaining control of the stadium. (I didn't really believe it then, but could see it as a remote possibility).
If it has been sisu's plan all along, I would expect them to have moved assets around in a way that could not be challenged.
But I may be wrong.

Sub · Mar 22, 2013

wingy said:
I like the Idea of a public stoning myself.

free spliffs for everyone !! sounds good to me imp:imp:imp:imp:imp:

wingy · Mar 22, 2013

SkyBlueBlood said:
Could always bring back hangings by the Golden Cross

Or at Gibbet hill ,is that outside the city boundary??:facepalm:

theferret · Mar 22, 2013

SkyBlueBlood said:
ACL have alluded to the fact that assets have been moved from CCFC Ltd to another company prior to putting CCFC Ltd into administration without advising anyone.

Does this put the remaining directors of CCFC Ltd under liability for sharp practice (mind that would be a first for SISU);

http://www.icaew.com/en/library/sub...an-be-personally-liable-on-company-insolvency

About as sharp as a butter knife. There is a whiff of that I admit, but it is nothing they cannot bat away. I have been on the end of some razor sharp business practices - this is nothing in comparison.

wingy · Mar 22, 2013

Godiva said:
Good question.
When did they create ARVO?
Some have said repeatedly since last summer that the rent strike is not about rent amount, but about gaining control of the stadium. (I didn't really believe it then, but could see it as a remote possibility).
If it has been sisu's plan all along, I would expect them to have moved assets around in a way that could not be challenged.
But I may be wrong.

does that mean at that point we had a change of Ownership?

rupert_bear · Mar 22, 2013

Could this be the reason why John Clarke resigned ?

deanocity3 · Mar 22, 2013

wingy said:
I like the Idea of a public stoning myself.

[video=youtube;hsVAYFSEBrA]http://www.youtube.com/watch?v=hsVAYFSEBrA[/video]

singers_pore · Mar 22, 2013

If a court concludes that assets were taken out of the company prior to filing for bankruptcy with the intent of avoiding obligations to existing creditors (i.e., ACL), then the court can make the rest of the group liable for the debts. There are legal case precedents for this kind of situation.

So I am not sure that SISU have been very clever after all.

Brighton Sky Blue · Mar 22, 2013

At least fatty Clarke has been shown up for being a bare faced liar.

jimmyhillsfanclub · Mar 22, 2013

I've been stoned at the Ricoh on several occasions....

its the only way to get through the ordeal....

CCFC Ltd (in admin) Directors Liability (1 Viewer)

SkyBlueBlood

Member

CJparker

New Member

torchomatic

Well-Known Member

wingy

Well-Known Member

Diehard Si

New Member

SkyBlueBlood

Member

Godiva

Well-Known Member

Sub

Well-Known Member

wingy

Well-Known Member

theferret

Well-Known Member

wingy

Well-Known Member

rupert_bear

Well-Known Member

deanocity3

New Member

singers_pore

Well-Known Member

Brighton Sky Blue

Well-Known Member

jimmyhillsfanclub

Well-Known Member

Users who are viewing this thread

CCFC Ltd (in admin) Directors Liability (1 Viewer)

Member

New Member

Well-Known Member

Well-Known Member

New Member

Member

Well-Known Member

Well-Known Member

Well-Known Member

Well-Known Member

Well-Known Member

Well-Known Member

New Member

Well-Known Member

Well-Known Member

Well-Known Member

Users who are viewing this thread

Privacy & Transparency

Privacy & Transparency