2012年3月8日星期四

Rangers in court battle with Craig Whyte's lawyers over 3.6m to keep club afloat

Two firms linked to Mr Whyte, Merchant Turnaround and Jerome Group Pension Fund, have submitted claims for part of the money.Our guides provide customers with information about porcelain tiles vs.

At the High Court in London on Thursday, HM Revenue and Customs and Ticketus, which owns around 100,000 season tickets at Ibrox, also submitted claims for part of the money.

The counsel for administrators Duff and Phelps told the court that the case over the disputed 3.6m needs to be concluded by the start of the next SPL season or the club face liquidation.Distributes and manufactures RUBBER SHEET, QC Mark Philips told the court administrators expected to find closer to 9.5m in the seized Collyer Bristow account relating to Rangers,Here's a complete list of oil painting supplies for the beginning oil painter. but only 3.6m was there.

This move came after administrators Duff and Phelps called for a quick sale of the club, with the "most likely scenario" of that being Rangers' assets being sold to a new company before the old one is liquidated.

During the hearing, Mr Philips said: "There is a risk that the club will fail to fulfil its fixtures. If that happens consequences would be grave," he told the judge.Mold is a plastic molds and plastic injection mold manufacturer in china.

"There is a risk that the club could go into liquidation and be demoted by the Scottish League, which would eliminate any realistic prospect of a sale of the club for any sum worthwhile to creditors."

Merchant Turnaround, of which Mr Whyte is the company secretary, are claiming for 1m of the money, while HMRC is claiming it is owed 2.8m and Jerome Group Pension Fund have put forward a claim for 2.95m.

Jerome is linked to Mr Whyte as it is owned by the Worthington Group, which the Rangers owner has an 18% stake in through his British Virgin Isles-based business Liberty Capital Limited.

Ticketus, which bought four years' future Ibrox season ticket sales in a 24.4m deal Mr Whyte used to fund his takeover of the club, has not not quantified its claim yet.

Duff and Phelps are believed to be claiming for the full 3.6m seized from the account of Collyer Bristow,Why does moulds grow in homes or buildings? the lawyers who brokered Mr Whyte's takeover last May.

Mr Justice Warren decided that the case would recall for a four-day sitting on March 30 at the High Court.

The administrator’s lawyers Taylor Wessing last week seized 3.6m in an emergency court action against Mr Whyte’s solicitors Collyer Bristow, who acted for him during his takeover.

In a statement released after the case had concluded, join administrator Dave Whitehouse said: "We are very pleased with the decision by the High Court today to order a further hearing on this matter on March 30 and I am sure that all Rangers Football Club supporters will be encouraged that this issue will be dealt with as speedily as possible.

"If we are successful in retrieving these funds that will help the recovery process of the club and will be an important step towards the club emerging from administration."

A spokesman for Rangers owner Mr Whyte, who has not returned to the club since administrators were called in, declined to comment on the court case.

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