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Bolton Wanderers takeover in the balance - Live High Court blog

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karlypants

karlypants
Nat Lofthouse
Nat Lofthouse
Blog is [You must be registered and logged in to see this link.] for anyone interested in updates as they come in.

karlypants

karlypants
Nat Lofthouse
Nat Lofthouse
Laurence Bassini in the room now. Public gallery yet to be populated. But looks like it'll be a squeeze.

We have just been told the case will not be heard before 11am.

karlypants

karlypants
Nat Lofthouse
Nat Lofthouse
Case about to begin...

wessy

wessy
Andy Walker
Andy Walker
22 minutes no bloody update

boltonbonce

boltonbonce
Nat Lofthouse
Nat Lofthouse
[You must be registered and logged in to see this link.] wrote:22 minutes no bloody update
Anderson's lawyer has his wig on back to front. Give him time.

karlypants

karlypants
Nat Lofthouse
Nat Lofthouse
The suspense is killing me!

boltonbonce

boltonbonce
Nat Lofthouse
Nat Lofthouse
[You must be registered and logged in to see this link.] wrote:The suspense is killing me!
The very words of my great grandfather.

Mind you, they were hanging him at the time.

MartinBWFC

MartinBWFC
Frank Worthington
Frank Worthington
Nobody is allowed to use any electronic devices whilst court is in session.

Norpig

Norpig
Nat Lofthouse
Nat Lofthouse
Speaking from personal experience eh Martin?  Very Happy

karlypants

karlypants
Nat Lofthouse
Nat Lofthouse
Very Happy

karlypants

karlypants
Nat Lofthouse
Nat Lofthouse
Well over an hour now since his last update.

He must be in the process of typing something out now.

karlypants

karlypants
Nat Lofthouse
Nat Lofthouse
Everyone must have fallen asleep with this case.

wessy

wessy
Andy Walker
Andy Walker
No update till lunch they cant use phones in court. live update non starter hopefully at 1pm for lunch?

karlypants

karlypants
Nat Lofthouse
Nat Lofthouse
It's looking that way Wessy.

karlypants

karlypants
Nat Lofthouse
Nat Lofthouse
Update:  The verdict will be delivered at 3pm.

boltonbonce

boltonbonce
Nat Lofthouse
Nat Lofthouse
What a nail biter.

wessy

wessy
Andy Walker
Andy Walker
Well at least not adjourned so some good news so far

Sluffy

Sluffy
Admin




Sluffy

Sluffy
Admin
This is Iles blog -

We have heard both sides of the argument.  
Submissions have been made by Laurence Bassini's legal representatives. There is a dispute about whether the injunction actually prevents the sale of Burnden Leisure Limited.

The defendants [Anderson] have put forward statements from EFL lawyer, Nick Craig, Paul Aldridge and Sir Dave Richards, among others.  

The injunction prevented anything which would affects the value of shares in BLL. There has been deep argument between the two counsels about whether the continuation of an injunction precludes that.

There seems an argument on whether Bassini actually had approval from the EFL.
He says ex EFL chief executive Shaun Harvey gave it.
It is claimed by the defendants that no approval was granted, although we do not know the specifics of Nick Craig's statement.

The defendants say they have a document from EFL lawyer Nick Craig that confirms Bassini did not provide sufficient proof of funds or pass the fit and proper test.

As I mentioned earlier, that is disputed by Bassini's counsel. And there has been mention of a text exchange with Shaun Harvey.



Last edited by Sluffy on Wed Aug 14 2019, 13:31; edited 1 time in total

Sluffy

Sluffy
Admin














Sluffy

Sluffy
Admin
Just been pointed out that at the same time the judge is going to give his decision - 3pm this afternoon - and that he is referring to the defendant as Inner Circle Investments Ltd - that a horse called Inner Circle will be running at Beverley!

I checked it out - it's true!!!

An omen?

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Worth 10p each way perhaps?

gloswhite

gloswhite
Jay Jay Okocha
Jay Jay Okocha
It'll probably stop for a piss half way round.

Cajunboy

Cajunboy
Andy Walker
Andy Walker
Tension building now!!!!!!!

boltonbonce

boltonbonce
Nat Lofthouse
Nat Lofthouse
[You must be registered and logged in to see this link.] wrote:It'll probably stop for a piss half way round.
It won. 4/6

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Cajunboy

Cajunboy
Andy Walker
Andy Walker
Is that an omen?

karlypants

karlypants
Nat Lofthouse
Nat Lofthouse
[You must be registered and logged in to see this link.] wrote:It'll probably stop for a piss half way round.

Very Happy

karlypants

karlypants
Nat Lofthouse
Nat Lofthouse
Update: Adjourned until September 2

Sluffy

Sluffy
Admin




boltonbonce

boltonbonce
Nat Lofthouse
Nat Lofthouse
Will this saga ever end?

Sluffy

Sluffy
Admin
Iles -

Adjourned until September 2nd

Injunction wording has been changed.

We have also seen Burnden Leisure struck off. The sale can go ahead but it's subject to potential legal issues.

Mixed opinions on how good an outcome that is...
It drags things on. But the judge specifically said there should be no reason why a sale cannot happen.

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