Chaisty says Mihail's evidence should be treated with extreme caution and care.
He says his client wants speedy resolution. Although they are seeking interim order at this juncture.
Chaisty says his clients are anxious to progress matters, but Mihail has not shown any evidence about state of negotiations for sale to other, just referrred to third party press reports.
Indeed. Elliot seems to be arguing that he believed the deal with him was watertight and as such, put money into the club. That sounds quite a strong defence to me??
Indeed. Elliot seems to be arguing that he believed the deal with him was watertight and as such, put money into the club. That sounds quite a strong defence to me??
It does yes. So why is he not listed as the owner of ESI on Companies House. I'm sure we'll hear that question soon.
Indeed. Elliot seems to be arguing that he believed the deal with him was watertight and as such, put money into the club. That sounds quite a strong defence to me??
Yes, it does sound pretty strong if there is paperwork relating to the transfer of shares.
Seems like the legal defence is that granting the injunction will cause harm to the club? But ESI lawyer saying no proof presented that any other negotiations are close to being completed.
Indeed. Elliot seems to be arguing that he believed the deal with him was watertight and as such, put money into the club. That sounds quite a strong defence to me??
Not necessarily. It’s like test driving a car and replacing a bald tyre that went flat on the test. Doesn’t mean you own the car.
Chaisty says deal was signed by both parties in May and that Southall's shares would transfer over as part of "drag along". Also says no indications Southall would try to sell his stake - which he can't do legally anyway.
Comments
That's a right result, I'm off to the Red Lion in a bit to let them know I own the fruit machine!
That sounds quite a strong defence to me??