Surely if TS buys us for £1 that is the size of the pot.
Personally I don't want Southall getting anything. If he had not try to do his con we would never have heard of Farnell and Paul Elliott would be an ex players name not a con mans.
This case has always been and still is Elliotts shell co. V Nimers shell co.
The club can still be sold, the decision yesterday still stands, nothing happening today in regards to the appeal will overturn that.
The "prosecution" have in their opening statement admited that it's likely a sale will go ahead and be completed before the trial date in November.
At this point it's making sure that Elliots co. Have a claim in should the courts at the appeal trial decode that yes, their sale agreement was breached. The outcome of that I imagine would be...
Elliott's legal fees paid
Compensation to at least the sum of what "he" "put in" probably a bit more on top. This would be billed to Panaroma magic (Nimer)
Compo would be the price that TS buys ESI from Nimer for i would have thought.
The appeal will have no consequences for Thomas Sandgaard if he is owner before then. It will simply be a case of ESI2 fighting for some of the lucre ESI1 have grabbed from the sale. Nimer can run away but Matt Southall can't. There is now a strong incentive for Nimer selling the club for a relatively small fee as that might persuade ESI2 to drop their interest given the costs involved and lack of certainty that those could be awarded as well.
The appeal will have no consequences for Thomas Sandgaard if he is owner before then. It will simply be a case of ESI2 fighting for some of the lucre ESI1 have grabbed from the sale. Nimer can run away but Matt Southall can't. There is now a strong incentive for Nimer selling the club for a relatively small fee as that might persuade ESI2 to drop their interest given the costs involved and lack of certainty that those could be awarded as well.
Or take £650k - which means Southall has £350k and leave him to face the music
Surely if TS buys us for £1 that is the size of the pot.
Personally I don't want Southall getting anything. If he had not try to do his con we would never have heard of Farnell and Paul Elliott would be an ex players name not a con mans.
ESI are getting a lot more than £1 from TS. Unbelievable but true.
The damages could stretch further because ESI let Elliott put money in. I think Elliott has a strong case against them but I also don't care because we should be owned by TS by then
Can't help but like this judge. A human being - totally unlike the pompous farts we hear about so often.
...and to think that, pre-hearing, we were reading complaints about his behaviour and decision-making. Like you PM, I thought he was ok when I was watching yesterday.
Chaisty's surely wondering through all this when he will be paid having heard yesterday his client couldn't pay a £1
he is paid by the Solicitors who appointed him, it wouldn't have even crossed his mind. They could have insisted on monies on account before proceeding.
The appeal will have no consequences for Thomas Sandgaard if he is owner before then. It will simply be a case of ESI2 fighting for some of the lucre ESI1 have grabbed from the sale. Nimer can run away but Matt Southall can't. There is now a strong incentive for Nimer selling the club for a relatively small fee as that might persuade ESI2 to drop their interest given the costs involved and lack of certainty that those could be awarded as well.
If PE has loaned/given money to the club to pay wages, I imagine TS will return it to him?
Then the club will still be under a temporary injunction until the appeal is heard, no?
No. There is no injunction. The judge can say "I will let you appeal" or "I won't let you appeal". If the latter, then it's off to the Court of Appeal to argue that the judge was wrong in law to not allow an appeal.
Comments
Personally I don't want Southall getting anything. If he had not try to do his con we would never have heard of Farnell and Paul Elliott would be an ex players name not a con mans.
However, he's shitting himself over the defence's barrister, who pulls no punches.
Makes me wonder how Farnell ever got to where he is !!!
A human being - totally unlike the pompous farts we hear about so often.
no
The damages could stretch further because ESI let Elliott put money in. I think Elliott has a strong case against them but I also don't care because we should be owned by TS by then
...and to think that, pre-hearing, we were reading complaints about his behaviour and decision-making. Like you PM, I thought he was ok when I was watching yesterday.