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Hicks & Gillet


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It's no hassle to us is it? It's between H&G and RBS, nothing to do with the club.

 

Probably right, yeah.

 

Just torn between wishing they'd f*** off and I never have to hear of them again, and wanting them to have their day in court in the hope it ruins them and their families forever.

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It's no hassle to us is it? It's between H&G and RBS, nothing to do with the club.

 

Not directly, but if G&H have a case, then that basically means RBS did us a massive favour. And if not, we should all wish for G&H to crawl back into the hole they were shát out of.

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It'll be great see them exposed in the courts as everything made public and then they lose and officially go bankrupt

 

The 2 biggest issues are.

 

RBS won't want negative publicity and will probably settle

 

And

 

The Americans have the lightest bankruptcy laws in the world. Most of their money has probably already been transferred to their kids and partners and moved offshore.

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It'll be great see them exposed in the courts as everything made public and then they lose and officially go bankrupt

 

The 2 biggest issues are.

 

RBS won't want negative publicity and will probably settle

 

And

 

The Americans have the lightest bankruptcy laws in the world. Most of their money has probably already been transferred to their kids and partners and moved offshore.

 

Hope RBS don't settle, as I don't want those f*****s getting a single penny, and it would imply that RBS weren't exactly playing by the rules (for which we'd all be very grateful, but still frustrating to have any aspect of G+H's gripe validated)...Ideally they'll be laughed out of town, and all their shenanigans will be bought out into the open again & they'll end up being publicly humiliated again, but the fact that a judge has said a full trial is justified presumably means there's more there than just hot air...

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Hope RBS don't settle, as I don't want those f*****s getting a single penny, and it would imply that RBS weren't exactly playing by the rules (for which we'd all be very grateful, but still frustrating to have any aspect of G+H's gripe validated)...Ideally they'll be laughed out of town, and all their shenanigans will be bought out into the open again & they'll end up being publicly humiliated again, but the fact that a judge has said a full trial is justified presumably means there's more there than just hot air...

Nah, the judge has just said it would be a wrong to deny them the opportunity because RBS did not appear to have distanced themselves from the sale. Fair do's to be honest. What H&G have to prove is that RBS obstructed their efforts to refinance. I don't reckon they will be able to prove that and as they owed RBS hundreds of millions of pounds RBS had a vested interest in getting it sorted.

 

I hope they carry on burning what little cash they have left on lawsuits to be honest.

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  • 2 months later...

THE former owners of Liverpool FC have been ordered to pay a sum in the region of £1m as security if they want to continue their long-running legal battle over the sale of the club to New England Sports Ventures (NESV).

 

Tom Hicks and George Gillett applied to the Court of Appeal to delay the High Court trial – scheduled for April – to give them more time to raise the money.

 

But this was over-ruled by Lord Justice Lewison which means Hicks and Gillett will have to pay up if they wish to pursue their bitterly-fought legal campaign through the courts.

 

In October Mr Justice Peter Smith ruled that the case should start in April and ordered the claimants to surrender security for costs. It was this which Mr Hicks and Mr Gillett were appealing against.

 

It was argued that the claimants could not raise the funds to pay for the case should the trial begin in April and that the payment for security for costs should not be “expedited”, delaying the case until late 2013 or early 2014.

 

Mr Hicks and Mr Gillett believe they are due compensation following the sale of the club to Boston-based NESV - now renamed Fenway Sports Group - and that the club was worth a lot more than £300m.

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.

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In his written ruling, given on December 20 Lord Justice Lewison referred to the “bitterly fought and very expensive proceedings.”

 

He also referred to the “extraordinary volume of paper, the extravagantly long skeleton arguments which more resemble the Michelin Man than skeletons.”

 

According to the Court of Appeal ruling the claimants have now paid £712,000 on account securing the future of the case, well short of the estimated £5m they have been ordered to pay as security if they want to go to trial.

 

The 10-week trial is now due to begin on April 22.

 

Both RBS and representatives for Mr Hicks declined to comment on the latest development.

 

But a source close to the case said: “The ball is now very much in Hicks and Gillett’s court.

 

“If they want the trial to go ahead in April they will have to put up that money.”

 

 

Read more: Liverpool Echo http://www.liverpoolecho.co.uk/liverpool-news/local-news/2013/01/10/hicks-and-gillett-s-plea-for-more-time-to-pay-liverpool-fc-trial-costs-dismissed-100252-32578343/#ixzz2Hed4T4G6

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They have no shame in life.

We as fans should collectively sue them for gross neglect, for putting our lifes in jeopardy, for chronic lying, for vandalism against a historical monument, for creative accounting, for being total dicks, for being born.

 

Good luck finding evidence or a legal basis for those four.

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