[identity profile] sianisit.livejournal.com posting in [community profile] ontd_football
10:30am
Tuesday 12th October
Court 16
Royal Courts of Justice


Source: http://uk.eurosport.yahoo.com/11102010/58/premier-league-liverpool-high-court-date-set.html

Any London Reds making an appearance? I'll be there from 9:30am.

Date: 2010-10-11 02:14 pm (UTC)
From: [identity profile] problematique.livejournal.com
i would suppose that RBS is challenging that Hicks doesn't own Liverpool anymore due to the company defaulting and thus he cannot challenge the sale of the club

Date: 2010-10-11 02:15 pm (UTC)
From: [identity profile] miselemeas.livejournal.com
I would imagine that is the argument too.

Date: 2010-10-11 02:24 pm (UTC)
From: [identity profile] problematique.livejournal.com
apparently RBS is contesting the directors clause. guess that means they are trying to say that Hicks has no control over who is on the board at LFC and thus can't change it.

The key courtroom issue is how the Liverpool board was constructed in agreements Hicks and Gillett were party to when the Americans were forced to seek a six-month extension with the RBS on their £237 million loan.

The deal with RBS incurred personal default payments of £60 million and included the reconstitution of the board, bringing in Martin Broughton as the independent chairman, with powers to sell the club.

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