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H&G back in court

Discussion in 'Liverpool' started by Bozz, Feb 9, 2011.

  1. Bozz

    Bozz Well-Known Member

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    http://www.liverpooldailypost.co.uk...ages-from-fenway-sports-group-92534-28138067/


    Former Liverpool FC owners Tom Hicks and George Gillett back in court to seek damages from Fenway Sports Group
    Liverpool Daily Post
    Feb 9 2011
    LIVERPOOL FC’s former owners are today going to court in a move that could pave the way for them to sue the club’s new owners for damages.

    Tom Hicks and George Gillett will be represented in court against New England Sports Ventures, now the Fenway Sports Group, RBS and former Anfield chairman Martin Broughton.

    The two-day case brought by former main creditor RBS is due to start today and is expected to be highly technical.

    The hearing will be before Mr Justice Floyd, who previously ruled that a £300m deal with NESV could go ahead.

    After losing control of the club, Hicks claimed NESV’s takeover was an “epic swindle” and said he was stunned that it had been allowed to go ahead.

    Hicks and Gillett have never accepted the sale, that saw them lose £140m.

    RBS will ask for an “anti-suit” injunction to be upheld. It was taken out when Hicks launched a £1.6bn lawsuit in Dallas trying to halt the sale of the club in October.

    The Americans will ask for the injunction to be overturned.


    The suit had overturned a restraining order in Texas where Hicks and Gillett lodged the damages claim against the English directors at Anfield – along with lenders Royal Bank of Scotland and successful Liverpool bidders NESV – claiming they were undervaluing the price of the club and disregarding other, allegedly higher, offers.

    In December, when the Americans launched the fresh court challenge, Keith Oliver, from London-based solicitors Peters and Peters, who are acting for Hicks and Gillett, said: “It is hoped that the hearing will enable the dispute between the various parties to be unravelled and the way forward to be determined. They (Hicks and Gillett) feel very wronged by the process and will consider their options.”

    Mr Broughton is understood to be unconcerned by the threat from Hicks and Gillett.

    The two men lost control of the club in October following a trans-Atlantic legal tussle that saw courtroom drama in London and in Dallas.

    The encounter concluded with John Henry succeeding in his bid to buy the club.

    At the time, Hicks said: “(I’m) Shocked. Devastated. Frustrated. I’m very disappointed. It’s hurt my family tremendously. This is a very valuable asset that was swindled away from me in an epic swindle.”
     
    #1
  2. Thanks to Shanks

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  3. Chris.

    Chris. #bringbackchris

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    Idiots. Once they lose this court case, I hope I never hear about them ever again.
     
    #3
  4. Busby 's Babe

    Busby 's Babe Active Member

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    Good luck to them. I hope they ruin your owners.
     
    #4
  5. Bozz

    Bozz Well-Known Member

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    Jealousy is an ugly trait :)
     
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  6. King_Kenny

    King_Kenny Member

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    I'd be more worried about your owners to be honest!
     
    #6
  7. Thanks to Shanks

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    Did you smash it?
     
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  8. Shoots

    Shoots New Member

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    He was hanging out the back of it
     
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  9. crazyhorsealegend

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    you should be fed to the wolves er oh yea you were <yikes>
     
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  10. maca

    maca New Member

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    #10

  11. Bozz

    Bozz Well-Known Member

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  12. Muppetfinder General

    Muppetfinder General Well-Known Member

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