Liverpool FC Forum

by **maguskwt** » Sat Feb 19, 2011 2:04 am

Reg wrote:He's a clever lad, Broughton. If he 'clears his name' he effectively sets a precedent for any subsequent T&T case that he acted improperly.

So are we gonna see fireworks soon? Hehe

by **Reg** » Sat Feb 19, 2011 4:01 am

I hope not - I expect Fenway have a provision of 100 million in their books in case T&T succeed in any action against them. The sooner that threat is lifted the sooner they can reverse the provision and invest the money in players and the new stadium. Whatever form that might be.

by **zarababe** » Mon Feb 21, 2011 5:33 pm

A High Court judge dismissed that application but amended the terms to allow Hicks to make applications in the US in support of any proceedings in the United Kingdom if he gives seven days notice to the parties he is suing.

"We are delighted that Mr Justice Floyd has granted the applications requested by Sir Martin Broughton, RBS and NESV and that the anti-suit injunction prohibiting the former owners from commencing legal actions against these parties outside the EU has been upheld and clarified," said a Liverpool statement.

"Sir Martin, RBS and NESV continue to maintain that there is no basis to challenge the propriety or validity of any actions by them or any of those involved on their behalf in the sale of the club.

"They will continue to take all steps necessary to defend vigorously any litigation threatened or commenced by the club's former owners."

The judge granted this cos they (T&T) had already begun other proceedings, there would be no end to this, so ehere goes..

by **7_Kewell** » Mon Feb 21, 2011 9:40 pm

lakes10 wrote:reading on another forum that Hicks is st to go bust in a few weeks if he dont come up with some money, he looks set to sell a few homes he has...............................what a shame lol

and that's why they're doing all of this....they're screwed and want one last desperate throw of the dice. They won't get it.

by **Reg** » Thu Feb 24, 2011 4:32 am

February 23, 2011, ESPN.com

Ray Evernham has filed a lawsuit seeking $19.3 millon from the man who purchased the majority interest of Evernham Motorsports from him in 2007.

The suit, filed on Tuesday in North Carolina Superior Court in Mecklenburg County, was filed against Booth Creek Management and Gillett GEMS, LLC for money not paid in the sale.

Gillett GEMS, LLC is a corporation of four members that includes George Gillett Jr., who purchased Evernham Motorsports, which later became Gillett Evernham Motorsports and then Richard Petty Motorsports.

Evernham charges in the suit that Gillett breached an agreement to pay the remaining 20 percent owed for the Sprint Cup organization.

"We have diligently worked to resolve this matter in good faith without resorting to legal action," Evernham said Wednesday in a statement. "This matter has been pending for a period of time and we did not want to disrupt any excitement of the beginning of the race season with this unfortunate situation.

"We were unable to come to a fair resolution for the amounts due to me related to my sale of the previous RPM race team. Like many other vendors and creditors, my claims have been left unpaid."

Gillett, on the brink of financial ruin over the sale of his Liverpool soccer team, late in 2010 reached a financial agreement that gave NASCAR Hall of Famer Richard Petty control of the four-car operation that has since shrunk to two. Evernham at the time still owned 20 percent of the company.

Evernham, after being released from his non-compete clause in the terms of his contract with Gillett, recently accepted a position as a consultant for Hendrick Performance Parts.

Evernham won three Sprint Cup titles as the crew chief for Jeff Gordon at Hendrick Motorsports.

Liverpool FC Forum

Twit & tw@t are back in town

Who is online