Verdict is in...
http://www.swindontownfc.co.uk/page/NewsDetail/0,,10341~1645074,00.htmlCOURT VERDICT
Posted on: Fri 01 May 2009
The Club has previously commented on the High Court proceedings brought against it by DATASAT Communications Limited ("DATASAT"), Mr. William Power and Mr. Phillip Emmell, in which they alleged that monies in excess of £1m which they had paid to the Club in 2007 should be repaid to them.
Originally, the proceedings, which commenced in July 2007, were principally brought against the Club's former Holding Company. However, these claims were amended and brought against the Club after the former Holding Company entered into Administration in March 2008. The Club has vigorously defended the claims.
Following a week-long trial in the High Court of Justice in London during the week commencing 16 March 2009, Judgement in this matter was delivered this morning by Deputy Judge Mr. Gavin Kealey QC.
The Club is delighted to announce that the Court has ruled that the claims brought against the Club by DATASAT, Mr. Power and Mr. Emmel have failed.
The process of the Club's costs recovery will now commence.
Commenting on the case the Club Chairman, Andrew Fitton, said:
"The STFC shareholders and the Board are obviously delighted that this protracted matter has finally been brought to a conclusion.
Andrew Fitton, Chairman
Andrew Fitton: "We Can Now Put The Past Behind Us"
"We are equally delighted with the judgement, but it is just unfortunate that this matter should have found its way to court in the first place.
"Significant legal costs were incurred by all of the parties in this litigation. It is regrettable that these could not have been avoided.
"Thankfully, we can now concentrate all of our efforts on continuing to re-build STFC and put the past behind us."
