Breaking News Stewarts Law LLP/PG Site v SUFC - 26 June 2024 - DISMISSED WITH COSTS

[Dazzaref]

Case dismissed

 

[undercovershrimper]

dismissed

 

[Hooly]

All over. Phewwwwwwwwwwwwwwwwwwwwwwwww

 

[Smiffy]

Scenes in the court!

There has been a settlement and it's been dismissed with costs.

The supporting creditor shall have their costs says Judge Jones.

And that's it.

Party time, get that ****ing embargo gone!

 

[Suomi Shrimper]

Does this mean the NL's grounds for the embargo have evaporated?

 

[Boreham Blue]

Right, corner flag with the Messi and Mbappe signings this afternoon then

 

[Jon h]

Right then get the embargo lifted and tell the nl to stick there ****ing bond

 

[undercovershrimper]

Does this mean the NL's grounds for the embargo have evaporated?

I would think so, but they are probably having an emergency meeting right now to discuss how to screw us over next

 

[ColinMorrisWalksOnWater]

Does this mean the NL's grounds for the embargo have evaporated?

No, the NL bond is to prove, whilst under the ownership of Martin, that we have the finances to finish the season.

The Bond only goes if one of the 2 conditions in their statement is met.

COSU taking official ownership of the club being number 1.

 

[Hooly]

Seems like he took the cleaner with him.

 

[Dazzaref]

I was sat next to the official receiver who was going to start proceedings immediately if we were wound up! Coincidentally she’s from Southend

 

[Boreham Blue]

No, the NL bond is to prove, whilst under the ownership of Martin, that we have the finances to finish the season.

The Bond only goes if one of the 2 conditions in their statement is met.

COSU taking official ownership of the club being number 1.

But the bond and the embargo aren’t linked are they?

 

[SunSea&Shrimpers]

Waittt there omg champagne at 10:45am hahaha

 

[Streaky]

Good luck PG Skips getting “costs”.

Soo the big question- who has paid up (obviously not Ray face)

 

[Suomi Shrimper]

No, the NL bond is to prove, whilst under the ownership of Martin, that we have the finances to finish the season.

The Bond only goes if one of the 2 conditions in their statement is met.

COSU taking official ownership of the club being number 1.

That's the bond though, which is separate to the embargo. I think the worry was that if the WUP were adjourned but COSU took over the club, that would deal with the bond but the embargo would still be in place.

If COSU take over the club, and the WUP has been dismissed, doesn't that mean that the embargo and bond (threat) are gone?

 

[yogi bear up the cagire]

Right, corner flag with the Messi and Mbappe signings this afternoon then

Wasn't there quite a delay last time, between the previous case being settled and the embargo being lifted?

 

[Leeboy]

lady on the phone then all paid up - was it Dial-a-Loan?

 

[ColinMorrisWalksOnWater]

That's the bond though, which is separate to the embargo. I think the worry was that if the WUP were adjourned but COSU took over the club, that would deal with the bond but the embargo would still be in place.

If COSU take over the club, and the WUP has been dismissed, doesn't that mean that the embargo and bond (threat) are gone?

I do apologise, I misread your post.

I would certainly hope that means the embargo can be lifted.

Unless the NL make some more rules up to suit them and not us!

 

[Spaceman Spiff]

That's the bond though, which is separate to the embargo. I think the worry was that if the WUP were adjourned but COSU took over the club, that would deal with the bond but the embargo would still be in place.

If COSU take over the club, and the WUP has been dismissed, doesn't that mean that the embargo and bond (threat) are gone?

Embargo yes (hopefully), bond threat no until COSU officially own SUFC…. which might also happen today if we’re lucky (no inside info on that)…

 

[Hooly]

That's the bond though, which is separate to the embargo. I think the worry was that if the WUP were adjourned but COSU took over the club, that would deal with the bond but the embargo would still be in place.

If COSU take over the club, and the WUP has been dismissed, doesn't that mean that the embargo and bond (threat) are gone?

I think the Bond is more related to the financial future whereas the Umbongo is the lack of filing of accounts & WUPs so that I guess could go.