Nope. That's pretty much it. The creditors will have something to say about it, of course. I don't know that it would pass Chapter 11 muster here Stateside...but I don't know what the Exclusivity period (if any) you have over there might be... Michael Gardiner San Diego Whites Message: 4 Date: Fri, 4 May 2007 15:50:52 +0100 From: "Simon Hart" <[EMAIL PROTECTED]> Subject: Re: [LU] Admin To: <[EMAIL PROTECTED]>, <[email protected]> Message-ID: <[EMAIL PROTECTED]> Content-Type: text/plain; charset="us-ascii"
Seems to me it has allowed Bates to shake off / screw over certain ex directors, lose the debt and come up smelling of roses. How it can be allowed beggars belief. Surely as a creditor Bates should be told to stand in line with his cap in his hand whilst the club is auctioned off to the highest bidder. It sounds as though they are just selling it straight back to bates without even trying to get a better price. Of course I know **** all about finances so that is undoubtedly all bollocks. Si. >-----Original Message----- >From: [EMAIL PROTECTED] >[mailto:[EMAIL PROTECTED] On Behalf Of >[EMAIL PROTECTED] >Sent: 04 May 2007 15:40 >To: [email protected] >Subject: Re: [LU] Admin > > >Excuse my financial and business ignorance, but exactly what has this >achieved, and what does it mean for the club? > >Gaffer ________________________________________________________________________ AOL now offers free email to everyone. Find out more about what's free from AOL at AOL.com. _______________________________________________ the Leeds List is an unmoderated mailing list and the list administrators accept no liability for the personal views and opinions of contributors. Leedslist mailing list [email protected] http://list.zetnet.co.uk/mailman/listinfo/leedslist The Leeds List - "where never is heard a discouraging word..."
