Simply that the administrators have full power to do what they like
But it does seem that this has been conducted with indecent haste and one might question whether the deal is to the benefit of all creditors.
I don't think we've heard the last of this deal; but I'm surprised that the media don't seem to be raising any tough questions.
Posted By: BerlinCanary on May 5th 2007 at 16:33:59
Message Thread
- Why is ken bates allowed to put leeds into administration (Other Football) - phrankin, May 5, 13:38:57
- because he is also a major creditor (Other Football) - Army Boy, May 5, 14:45:54
- or restrict the purchase of assets of a company by directors of the company (Other Football) - Commisar_Canary, May 5, 15:45:29
- what I don't get (Other Football) - phrankin, May 5, 15:56:21
- Simply that the administrators have full power to do what they like (Other Football) - BerlinCanary, May 5, 16:33:59
- what I don't get (Other Football) - phrankin, May 5, 15:56:21
- I think they do already; but this is not bankruptcy - it's administration. (Other Football) - BerlinCanary, May 5, 14:51:51
- I look forward to seeing what the IR and Customs do about the Leeds situation (n/m) (Other Football) - Commisar_Canary, May 5, 15:46:35
- or restrict the purchase of assets of a company by directors of the company (Other Football) - Commisar_Canary, May 5, 15:45:29
- Its Not Football, Its Business Law... (Other Football) - Martin Peters, May 5, 14:09:11
- because he is also a major creditor (Other Football) - Army Boy, May 5, 14:45:54
Reply to Message
In order to add a post to the WotB Message Board you must be a registered WotB user.
If you are not yet registered then please visit the registration page. You should ensure that their browser is setup to accept cookies.