Anyone know how Cardiff are faring in court today?

Any news on the case?

 

it says in todays star its tommorow

 

its today nt

 

<p class="MsoNormal" style="margin: 0cm 0cm 0pt"><font face="Times New Roman" size="3">Idaresay someone will post what&rsquo;s happened, when it brakes. (rulez) </font></p>

 

I thought it was tomorrow as well.

</p>

Either way it'll be a while before any decision is made regarding whether to proceed or not.</p>

 

If the judge says Cardiff hasn't a case they will go into admin,straight away.If they have a case it could be 18 months before any trial.

 

What does it say in tomorrows star?

 

It'll depend on whose lies the judge finds more believable, Ridsdale or Hammam.

Administration would certainly not be in the best interests of Langstons as they would lose their £24m, a sum we've never denied we owe btw - whilst we would end up debt free but probably playing in a division lower.

http://news.bbc.co.uk/1/hi/wales/7289591.stm

And it's tomorrow btw, with a naked judge apparently:


COURT 59
Before MR JUSTICE BRIGGS
Wednesday, 12 March 2008
At 10:45
Robed
FOR JUDGMENT
TLC 684/07 Calvert v William Hill Plc

Not before 11 o'clock
Unrobed
INTERIM HEARINGS LIST
IHC 168/08 Langston v Cardiff City Football Club Ltd

 

How would you end up debt free?

Wouldn't that require Langstons to enter into a CVA? Surely they'd rather get you wound up and get a better proportion of their money back if they could prove they were still the preferred creditor?

 

its tomorrow according to the BBC nt

 

RE: How would you end up debt free?

It would require Langstons to enter into a CVA and that way, as you say, they'd get a proportion of the money back - say 5p in the £, but that's better than nothing. We'd start again, there's investors with cash ready at the moment apparently, but they won't commit until this business is completed.

The money for the new stadium is all in and ringfenced so they'd get a right bargain if it were to turn pear-shaped, although the stadium would then revert to council ownership I'm led to believe.

We've agreed that we owe the money all along and that it will be repaid in full - as per the conditions in the written agreement.

Apparently, Langstons arguement is on the wording in the contract where the statement "as amended" was not added to the latest version filed with them. A technicality which could prove very costly for the club, we'll see.

IMO, it's more to do with posturing on their behalf in a desparate attempt for a certain ex-chairman to wrestle back control of a club from which he was unceremoniously dumped. That hurt him big-time and ego is everything with him. PR is a shrinking violet media-wise compared to that man.

I'm hoping common sense will prevail but with the British Justice system, who knows?
Particularly when we as City fans are on a high at the moment, but we always know there's something around the corner to change it.

 

British Justice System? Common Sense?

may i be the first to say good luck with that one mate

 

The bit that didn't ring true to me . . .

. . . was where Langstons objected that they hadn't been kept informed of the status of the application, i.e. the "satisfaction date". Isn't that information public domain? Either way it seems a minor technicality upon which to expect the courts to make such a major decision on a company's future.

 

RE: The bit that didn't ring true to me . . .

There's lots of it that's odd.

Langstons probably weren't kept informed by us primarily because until this case was brought forward, no-one was aware who we owed the money to, we were just dealing with an anonymous "company" through solicitors and Sam Hammam.

If, as seems to be quite evident, SH is discovered to have connections with Langstons, something he's always vigorously denied, he will be dining at Her Majestys. Money laundering is what I've been told. Crossing fingers.

A technicality is the only hope he has and if there's one there, he'll use it for sure.

 

RE: British Justice System? Common Sense?

Thanks. That's what worries me about this case.