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ESI 1 v ESI 2 - Initial Hearing 01-02/09/2020, Court of Appeal 17/09/2020 (p127)

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Comments

  • ross1
    ross1 Posts: 51,004
    Horsfield9 said:
    Where's ross1 when you need him ?
    I am trying to keep up with all the comments
  • killerandflash
    killerandflash Posts: 69,893
    Seems a lot of irrelevant comments in court when it all boils down to what the contract between ESI and PE says, a contract none of us have seen
  • golfaddick
    golfaddick Posts: 33,649
    aliwibble said:
    Sage said:
    aliwibble said:
    ForeverAddickted said:
    Chaisty says contract to sell is signed and not in dispute. Drag along provisions re Southall activated in May.
    Can anyone explain this in simple English for me please
    Lawyer saying that contracts were signed in May and as the terms of ESI, if Panaroma Magic (Nimer) agrees to sell his shares, Southall must do the same for the same price of the value of his 35%.
    But if the contracts were signed in May, why have we not been sold by September?
    Exactly 
  • i_b_b_o_r_g
    i_b_b_o_r_g Posts: 18,948
    Chaisty's is just going over the obvious point that a cntract has been broken, which I think everyone would have known already. If there ain't anything else in his armoury, reckon LK might do a job here. No?
  • swords_alive
    swords_alive Posts: 4,276


    We're getting into some very detailed legal chat over the "construction" of the agreement
  • LenGlover
    LenGlover Posts: 31,661
    Cafc43v3r said:
    flyingkiwiDK said:

    What is going on?  Can someone summarise please so I don't have to read the previous 17 pages of this thread

    Absolutely nothing, typical Charlton never kick off on time. 
    The kids with the flags are still walking round the court.
  • carly burn
    carly burn Posts: 19,475
    Mihail said deal was on certain conditions.

    No dates ever set. Poorly constructed agreement.
  • CAFCsayer
    CAFCsayer Posts: 10,231
    edited September 2020
    aliwibble said:
    @CAFCsayer - think this bit is definitely of interest to you:
    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.
    (given Lex Dominus was definitely owned by Farnell at that point)

    Good point, how is that not dodgy... Will send across now. Investigating Officer is on leave til 7th, so not expecting to hear much until at least then.
  • cafcfan1990
    cafcfan1990 Posts: 12,811
    Chizz said:
    If the contracts were signed in May, then Farnell was acting as lawyer for Nimer, while, at the same time, being a Director of the company to which the shares were scheduled to be sold.  I think. 
    Definitely. 
  • ForeverAddickted
    ForeverAddickted Posts: 94,461
    Chaisty doesn't feel judge can make proper call on the case without a deeper dive into it. Sounds as if they aren't looking to get this concluded today.

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  • AndyG
    AndyG Posts: 5,912
    NO way Elliotttt loses this unfortunately
  • PassItToLeaburn
    PassItToLeaburn Posts: 1,457
    carly burn said:
    Mihail said deal was on certain conditions.

    No dates ever set. Poorly constructed agreement.
    Almost like it was put together by a shoddy solicitor...
  • ForeverAddickted
    ForeverAddickted Posts: 94,461
    So we want this answered and dealt with quickly, yet dont want this answered and dealt with quickly!!
  • bolloxbolder
    bolloxbolder Posts: 7,964
    Finally got in 10 minutes ago. Don't understand any of it.
  • charente addick
    charente addick Posts: 3,810
    Is there a fat lad warming up to do the crossbar challenge?
  • i_b_b_o_r_g
    i_b_b_o_r_g Posts: 18,948
    Chizz said:
    If the contracts were signed in May, then Farnell was acting as lawyer for Nimer, while, at the same time, being a Director of the company to which the shares were scheduled to be sold.  I think. 
    If LK has all this, would it be relevant to this case?
  • carly burn
    carly burn Posts: 19,475
    Wants to wait for appeal to EFL to reach its conclusion.
  • ForeverAddickted
    ForeverAddickted Posts: 94,461
    Chaisty: the EFL said on Aug 7th that the agreement was not conditional (as Mihail asserts) and that Elliott's application was rejected due to claims he mislead the EFL. #cafc #SaveCAFC
  • Weegie Addick
    Weegie Addick Posts: 16,537
    They've got us tied in knots.
  • Jints
    Jints Posts: 3,496
    ForeverAddickted said:
    Chaisty doesn't feel judge can make proper call on the case without a deeper dive into it. Sounds as if they aren't looking to get this concluded today.
    In other words  he is arguing that the judge should issue an interim injunction to prevent sale for now and schedule a longer hearing to consider merits properly later this year.

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  • carly burn
    carly burn Posts: 19,475
    Weegie Addick said:
    They've got us tied in knots.
     They've got themselves tied in knots.

    Nothing to do with us.
  • cafcfan1990
    cafcfan1990 Posts: 12,811
    The EFL will obviously play a significant part. They need to do with the Directors test ASAP. It's quite clear if he is rejected then Elliott will have no choice but to feck off. 
  • IdleHans
    IdleHans Posts: 10,973
    On the basis of what I've heard so far, Tahnoon is a total twat

    (if there were any doubt about that)
  • Leeds_Addick
    Leeds_Addick Posts: 4,702
    Doesn’t sound like it’s going well
  • ForeverAddickted
    ForeverAddickted Posts: 94,461
    If defendant is now arguing that there was a requirement for the EFL approval to be in place at completion then Nimer had no business allowing Elliott put money into the club subsequently, says Chaisty.
  • Weegie Addick
    Weegie Addick Posts: 16,537
    carly burn said:
    Weegie Addick said:
    They've got us tied in knots.
     They've got themselves tied in knots.

    Nothing to do with us.
    Except our football club will waste away.
  • swords_alive
    swords_alive Posts: 4,276
    Chaisty: This is an application for an interim injunction where we say at the very least there is a serious issue with the construction of the agreement
  • Chris_from_Sidcup
    Chris_from_Sidcup Posts: 36,042
    FUCK OFF ELLIOTT
  • MattF
    MattF Posts: 3,797
    Only heard one side of it
  • Indianaaddick
    Indianaaddick Posts: 2,965
    Judge has just put a black cap on top of his wig what does this mean?.
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