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Author Topic: Court cases  (Read 107332 times)
tans
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« Reply #690 on: Monday, November 23, 2020, 19:41:04 »

I wonder how Steve Murrall is getting on these days, enjoying his time in the slammer
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JBZ
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« Reply #691 on: Monday, November 23, 2020, 19:55:37 »

If Axis Football Investments Limited now holds 15 per cent of the shares in Swinton, I think that the company has what it claimed in the substantive proceedings.  I recall that there may have been mention of 15 per cent of the shares in both Swinton and Seebeck but that would have given ownership of more than 15 per cent of the club as a whole.

If Axis has what was claimed in the proceedings, all or part of its claim must have been compromised by way of a settlement agreement.

I seem to recall that the Standing claim was defended on the basis that, amongst other things, any agreement related to half of money proceeds from things like transfers rather than ownership of 50 per cent of the shares.

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Higher
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Batch
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« Reply #692 on: Monday, November 23, 2020, 20:08:11 »

The 1.8M Matt Ritchie sell in and lack of 50/50 split was certainly mentioned
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bamboohoomyavatar

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« Reply #693 on: Monday, November 23, 2020, 20:24:54 »

You mean the 1.8m that Power was meant to share and supposably pocketed the lot, doing over his primary benefactors a good one in the process. The boy can hustle I'll give him that but I genuinely think he's started to come up against bigger fish. He's no longer battling with chancers like Jed&Co. Time to maybe roll over and accept his long drawn out and eventual defeat.

Regardless of what the future holds, I will have a fondness of sorts for Power. He stopped us from being owned by the aforementioned fuckwits and I do believe, even though he is a bit of a dodgy fella, there is something about Power that says whilst he would shaft individuals, he wouldn't shaft the club/fans.

Like a modern day Robin Hood, Prince of Thieves. I guess we'll see if that's true once cornered - self preservation and all that.
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Frigby Daser

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« Reply #694 on: Monday, November 23, 2020, 20:25:35 »

There seems to be a lot rumour on here and people in the know, which suggests something may be afoot. There isnít usually this much smoke without some fire. It feels like weíre about to turn the page on the Power years but Iíve no idea if itís going to be good or not. Why would someone take on any lower league club, and why ours? Always a question that gives some pretty frightening answers! Strap in. Letís be lucky. Letís not get a Jed.
« Last Edit: Monday, November 23, 2020, 20:27:19 by Frigby Daser » Logged
Flashheart

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« Reply #695 on: Monday, November 23, 2020, 20:29:14 »

I'm rather confident it will be Clem.
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TheDukeOfBanbury

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« Reply #696 on: Monday, November 23, 2020, 20:32:23 »

If Axis Football Investments Limited now holds 15 per cent of the shares in Swinton, I think that the company has what it claimed in the substantive proceedings.  I recall that there may have been mention of 15 per cent of the shares in both Swinton and Seebeck but that would have given ownership of more than 15 per cent of the club as a whole.

If Axis has what was claimed in the proceedings, all or part of its claim must have been compromised by way of a settlement agreement.

I seem to recall that the Standing claim was defended on the basis that, amongst other things, any agreement related to half of money proceeds from things like transfers rather than ownership of 50 per cent of the shares.



It may be a little more than transfer funds.
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JBZ
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« Reply #697 on: Monday, November 23, 2020, 20:39:44 »

It may be a little more than transfer funds.

That's probably right, I hadn't looked back at all the detail.

Court proceedings are a matter of public record and, generally speaking, you can request copies of the claim form, particulars of claim and defence etc.  If there has been a settlement, it may be possible to obtain a copy of the order recording this although if it is in the form of a 'tomlin order' the settlement is usually confidential.
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Higher
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bamboohoomyavatar

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« Reply #698 on: Monday, November 23, 2020, 20:42:08 »

I'm rather confident it will be Clem.

It seems very much this. Been on the cards a while if we were to look back from the initial point he came on board. Always appeared to want more control but Power unwilling/too stubborn. Covid has forced Powers hand but like a lot of things, I think it has just accelerated the inevitable.

Power may retain some shares in the club but not the controlling figure. I could see A.N.Other joining the board not long after. Power will stay until he can either extract some kind of profit of break even. The training ground may be his own personal lynch pin.
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« Reply #699 on: Monday, November 23, 2020, 20:43:51 »

...although if it is in the form of a 'tomlin order' the settlement is usually confidential.

You were just one more typo away from several questions of 'What's Michael gotta do with it?'
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JBZ
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« Reply #700 on: Monday, November 23, 2020, 20:44:47 »

You were just one more typo away from several questions of 'What's Michael gotta do with it?'

Thankfully, that isn't a typo
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Higher
It's what I expect from my life
It's like a wire
That holds me back down to the ground
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I wanna do so much in my way
Tamworth Red Army

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« Reply #701 on: Monday, November 23, 2020, 20:46:53 »

If Wrexham have Ryan Reynolds surely we can get the Greatest Showman to come on board  🤞
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bamboohoomyavatar

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« Reply #702 on: Monday, November 23, 2020, 20:59:04 »

Thankfully, that isn't a typo

I am aware. I am Mr Benn remember  Wink
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JoeMezz

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« Reply #703 on: Monday, November 23, 2020, 21:01:54 »

If Wrexham have Ryan Reynolds surely we can get the Greatest Showman to come on board  🤞

It's everything he ever wants, it's everything he ever needs
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JBZ
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« Reply #704 on: Monday, November 23, 2020, 21:02:51 »

I am aware. I am Mr Benn remember  Wink

It's amazing what you can cut and paste from a Google search
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Higher
It's what I expect from my life
It's like a wire
That holds me back down to the ground
Oh, I hear you say
That is the way of the world
No, hear what I say
I wanna do so much in my way
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