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The All New Sevco Back in Yer Bin Thread; Taking out the trash
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Topic Started: 29 Apr 2018, 04:24 PM (2,086,576 Views)
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the iron tim
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20 Jun 2018, 08:37 AM
Post #9001
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Everyone's Fantasy Football first pick
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- danbhoy09
- 19 Jun 2018, 11:04 PM
- searcher52
- 19 Jun 2018, 10:07 PM
- danbhoy09
- 19 Jun 2018, 08:26 PM
Quoting limited to 3 levels deep
That is one of the most ridiculous myths going about. There is no time limit in the context of avoiding care home costs - not in Scotland.
I did say ‘apparently’. I’ve not taken anything to do with it and don’t have a clue what the law is with regards to the transfer of assets - not least of all if it with a view to avoid paying care costs. Anyway, I was just curious about it being 4 years in the Barry (8) example and 7 (which now appears to be nonsense) for the care situ. I sat through an insolvency exam last year from a mob from London. They advised the 4 years forward and back from the bankruptcy for looking at assets, but that's rules the trustees have to work with. The care one they probably have all sorts of ridiculous rules to make sure you don't get what's yours.
Anyway it would mean that the receiver wouldn't be able to touch the wee hun bassa for the moment, unless he's stupid enough to transfer assets back into his name within the 4 years. I assume he's got a decent adviser to tell him not to.
What would be interesting into know how he's being paid by the record etc. I know of one company that paid Kerry katona (4 times bankrupt now I think) by paying her rent directly for her as if she earned more money she would have to start paying money into the bankruptcy each month.
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Pussyfoot
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20 Jun 2018, 08:43 AM
Post #9002
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They must be serious absolute Flanagan, Colin Duncan somehow making it through that article without referencing his past misdemeanors. Sensationalism created, truth ignored, The Sun.
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searcher52
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20 Jun 2018, 08:51 AM
Post #9003
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You can observe a lot by just watching
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- lindengreen
- 20 Jun 2018, 06:38 AM
- searcher52
- 19 Jun 2018, 10:07 PM
- danbhoy09
- 19 Jun 2018, 08:26 PM
Quoting limited to 3 levels deep
That is one of the most ridiculous myths going about. There is no time limit in the context of avoiding care home costs - not in Scotland.
The 7 year ruled I believe did apply once but was changed a few years ago as the state was losing a fortune (our parents literally) now you need good and dear tax lawyers to avoid No, the 7 year rule is one of Inheritance Tax and has nothing to do with transferring assets to impact on care home costs. The council can look back over many years - there is no defined limit. It's all about establishing if the transfer was done with that end in mind.
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Larbertbhoy
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20 Jun 2018, 08:58 AM
Post #9004
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Everyone's Fantasy Football first pick
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- Gothamcelt
- 20 Jun 2018, 07:01 AM
Gerrard displaying his Scouse humour. FLAN THE MAN Rangers weigh up Jon Flanagan move with Steven Gerrard willing to listen to any offers over £3.5million for James TavernierThe former Liverpool right-back was on-loan at Bolton last season and is now a free agent after departing Anfield By Colin Duncan RANGERS could be set to move for Jon Flanagan. The full-back was released by Liverpool last month after eight years at Anfield. Gers boss Steven Gerrard is a huge admirer of his former Kop team-mate, who spent last season on loan at Bolton. SunSport understands the 25-year-old features on a list of potential signing targets drawn up by Gerrard and Ibrox director of football Mark Allen. Crystal Palace and Swansea are among a number of clubs who are monitoring the right-back’s situation. Gerrard would like to keep Tavernier, but he would be willing to listen to any offers over £3.5million for the Englishman. https://www.thescottishsun.co.uk/sport/football/2810903/rangers-jon-flanagan-steven-gerrard-james-tavernier/ I am sure the press will give appropriate coverage of the wife beating scummy little arseholes history.
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Kdy922
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20 Jun 2018, 09:23 AM
Post #9005
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- Larbertbhoy
- 20 Jun 2018, 08:58 AM
- Gothamcelt
- 20 Jun 2018, 07:01 AM
Gerrard displaying his Scouse humour. FLAN THE MAN Rangers weigh up Jon Flanagan move with Steven Gerrard willing to listen to any offers over £3.5million for James TavernierThe former Liverpool right-back was on-loan at Bolton last season and is now a free agent after departing Anfield By Colin Duncan RANGERS could be set to move for Jon Flanagan. The full-back was released by Liverpool last month after eight years at Anfield. Gers boss Steven Gerrard is a huge admirer of his former Kop team-mate, who spent last season on loan at Bolton. SunSport understands the 25-year-old features on a list of potential signing targets drawn up by Gerrard and Ibrox director of football Mark Allen. Crystal Palace and Swansea are among a number of clubs who are monitoring the right-back’s situation. Gerrard would like to keep Tavernier, but he would be willing to listen to any offers over £3.5million for the Englishman. https://www.thescottishsun.co.uk/sport/football/2810903/rangers-jon-flanagan-steven-gerrard-james-tavernier/
I am sure the press will give appropriate coverage of the wife beating scummy little arseholes history. Those ‘Celtic disgrace as Brendan signs wife beater’ tales they might already have started will have to be spiked. New ‘Premier League and England star joins Gerro revolution’ tales underway. Fuds.
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leangreen
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20 Jun 2018, 09:29 AM
Post #9006
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- Gothamcelt
- 20 Jun 2018, 07:01 AM
Gerrard displaying his Scouse humour. FLAN THE MAN Rangers weigh up Jon Flanagan move with Steven Gerrard willing to listen to any offers over £3.5million for James TavernierThe former Liverpool right-back was on-loan at Bolton last season and is now a free agent after departing Anfield By Colin Duncan RANGERS could be set to move for Jon Flanagan. The full-back was released by Liverpool last month after eight years at Anfield. Gers boss Steven Gerrard is a huge admirer of his former Kop team-mate, who spent last season on loan at Bolton. SunSport understands the 25-year-old features on a list of potential signing targets drawn up by Gerrard and Ibrox director of football Mark Allen. Crystal Palace and Swansea are among a number of clubs who are monitoring the right-back’s situation. Gerrard would like to keep Tavernier, but he would be willing to listen to any offers over £3.5million for the Englishman. https://www.thescottishsun.co.uk/sport/football/2810903/rangers-jon-flanagan-steven-gerrard-james-tavernier/ Defenders who can't defend are a rarity, hence the high price.
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Ned Rise
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20 Jun 2018, 09:29 AM
Post #9007
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These boots were made for hunbustin'
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- Larbertbhoy
- 20 Jun 2018, 08:58 AM
- Gothamcelt
- 20 Jun 2018, 07:01 AM
Gerrard displaying his Scouse humour. FLAN THE MAN Rangers weigh up Jon Flanagan move with Steven Gerrard willing to listen to any offers over £3.5million for James TavernierThe former Liverpool right-back was on-loan at Bolton last season and is now a free agent after departing Anfield By Colin Duncan RANGERS could be set to move for Jon Flanagan. The full-back was released by Liverpool last month after eight years at Anfield. Gers boss Steven Gerrard is a huge admirer of his former Kop team-mate, who spent last season on loan at Bolton. SunSport understands the 25-year-old features on a list of potential signing targets drawn up by Gerrard and Ibrox director of football Mark Allen. Crystal Palace and Swansea are among a number of clubs who are monitoring the right-back’s situation. Gerrard would like to keep Tavernier, but he would be willing to listen to any offers over £3.5million for the Englishman. https://www.thescottishsun.co.uk/sport/football/2810903/rangers-jon-flanagan-steven-gerrard-james-tavernier/
I am sure the press will give appropriate coverage of the wife beating scummy little arseholes history. I wouldn't want Celtic signing him, that's the first thing.
But he's been up in court and been sentenced. I wouldn't expect it to be mentioned every time he's linked with a club or moves to a club. If he does something else then I'd expect it would be referred to, just as Joey Barton's misdemeanors would often be listed when he added to them.
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pablo5
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20 Jun 2018, 09:43 AM
Post #9008
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Whatever it is, there's not enough of it
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- FenianJack
- 19 Jun 2018, 08:57 PM
- danbhoy09
- 19 Jun 2018, 08:26 PM
- the iron tim
- 19 Jun 2018, 08:03 PM
Quoting limited to 3 levels deep
That's annoying. My wife's gran transferred her house over to my mother in law as, apparently, should the need for care ever rear it's head, they can claw back assets that had been transferred within the last 7 years.
If that’s true it’s an effing disgrace that the state will claw back the cost of care of old people for longer than they will on back taxes from an utter ball bag like him. The x years since a house transfer bit is rubbish. It's an assumption people make based on nothing.
All she's done is leave the sister in law liable for care bills.
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Paul Allen
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20 Jun 2018, 09:44 AM
Post #9009
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- leangreen
- 20 Jun 2018, 09:29 AM
- Gothamcelt
- 20 Jun 2018, 07:01 AM
Gerrard displaying his Scouse humour. FLAN THE MAN Rangers weigh up Jon Flanagan move with Steven Gerrard willing to listen to any offers over £3.5million for James TavernierThe former Liverpool right-back was on-loan at Bolton last season and is now a free agent after departing Anfield By Colin Duncan RANGERS could be set to move for Jon Flanagan. The full-back was released by Liverpool last month after eight years at Anfield. Gers boss Steven Gerrard is a huge admirer of his former Kop team-mate, who spent last season on loan at Bolton. SunSport understands the 25-year-old features on a list of potential signing targets drawn up by Gerrard and Ibrox director of football Mark Allen. Crystal Palace and Swansea are among a number of clubs who are monitoring the right-back’s situation. Gerrard would like to keep Tavernier, but he would be willing to listen to any offers over £3.5million for the Englishman. https://www.thescottishsun.co.uk/sport/football/2810903/rangers-jon-flanagan-steven-gerrard-james-tavernier/
Defenders who can't defend are a rarity, hence the high price. 'Tavs' is better than KT don't you know...
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searcher52
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20 Jun 2018, 10:09 AM
Post #9010
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You can observe a lot by just watching
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- pablo5
- 20 Jun 2018, 09:43 AM
- FenianJack
- 19 Jun 2018, 08:57 PM
- danbhoy09
- 19 Jun 2018, 08:26 PM
Quoting limited to 3 levels deep
If that’s true it’s an effing disgrace that the state will claw back the cost of care of old people for longer than they will on back taxes from an utter ball bag like him.
The x years since a house transfer bit is rubbish. It's an assumption people make based on nothing. All she's done is leave the sister in law liable for care bills. Wrong again, so long as the transfer was over 6 months before the care need arose. They can't claim the transferee.
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Sonic123
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20 Jun 2018, 10:13 AM
Post #9011
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Should we rename this the tax liability thread or get back on topic?
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tomtom
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20 Jun 2018, 10:30 AM
Post #9012
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First name on the team-sheet
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- Sonic123
- 20 Jun 2018, 10:13 AM
Should we rename this the tax liability thread or get back on topic? Anything to do with tax avoidance is fair game for the huns thread
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Tim Bombadil
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20 Jun 2018, 10:30 AM
Post #9013
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- Sonic123
- 20 Jun 2018, 10:13 AM
Should we rename this the tax liability thread or get back on topic? It's the hun thread. Tax liability is on topic
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searcher52
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20 Jun 2018, 10:32 AM
Post #9014
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You can observe a lot by just watching
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- Sonic123
- 20 Jun 2018, 10:13 AM
Should we rename this the tax liability thread or get back on topic? Apologies! I've opened up a thread about this over on general discussion if anyone wants more information. And for your info it's not about tax.
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peejaybee
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20 Jun 2018, 11:02 AM
Post #9015
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Can’t post the full story-sorry. Can anyone help?
http://www.heraldscotland.com/news/16301067.Ibrox_chief_in_new_court_proceedings_over_failure_to_make___11m_Rangers_shares_bid/?ref=mrb&lp=1
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DhenBhoy
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20 Jun 2018, 11:08 AM
Post #9016
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Everyone's Fantasy Football first pick
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- peejaybee
- 20 Jun 2018, 11:02 AM
Full text
Spoiler: click to toggle
REGULATORS have brought fresh legal action over the failure by Rangers chairman Dave King to make a judge-ordered £11 million bid for most of the club’s shares.
It has emerged that representatives of the Takeover Panel were in the Court of Session on Tuesday in a private session in front of Lord Doherty as the impasse over the issue continues.
Last month the Takeover Panel was granted a court order which forbid any attempt by Mr King's South African-based Laird Investments (Proprietary) Limited from making the mandatory offer to thousands of shareholders without a third party confirming that the funds to support it are there.
The Rangers chief who says he has the funds in South Africa rather than the UK has since accused the Takeover Panel of “bullying” while confirming the club hoped to raise £6 million of fresh capital from a share issue “before June”.
The Rangers chief has already been told that he is in breach of takeover rules by failing to make the shares bid by a deadline of April 26.
Rangers International Football Club plc stated in early May that it understood that the funds for the offer are there and that Laird was seeking South African government approval to allow the money for the offer to be transferred to the UK.
Lord Carloway at the Court of Session dismissed an appeal in March forcing a bid for 70 per cent of the shares to be made after agreeing that Mr King and others acted together to force their way into the Ibrox boardroom three years ago and ousting a board of directors said to be allied to Sports Direct founder Mike Ashley.
That meant under the code of takeovers and mergers, an offer should be make to all other shareholders at the highest price paid in the 12 months before the offer was announced.
It came after the Takeover Panel originally decided that a formal takeover should have been triggered after the Three Bears group led by Mr King secured more than 30 per cent of the voting rights in Rangers.
It is understood that no decision was made at the Thursday hearing which is understood to relate to having an order in relation to Section 955 of the Companies Act 2006.
Section 955 provides a route for the Panel to apply to the court to enforce requirements as well as requests for documents and information.
The Panel can make an application where there is reasonable likelihood that a person will contravene a requirement imposed. But it is not normally expected that the court would rehear substantively the issues giving rise to the original ruling.
On April 24, the Takeover Panel received "certain orders" which were aimed firstly to ensure that the bid is made while supported by actual funding making it Takeover Code-compliant, and secondly to ensure that no offer is made to shareholders without that money.
The move came after the panel said an initial share bid announcement by Mr King did not comply with the Takeover Code, as it was not supported by cleared funds.
Mr King's Laird firm had said in the March 29 announcement that the bid would be funded "using the receipt of dividends" amounting to £13,074,842.90 which was "to be declared on April 4".
Mr King had gone through a lengthy battle through through the courts to stave off pressure to buy the shares fearing the heavy financial toll it would place on him.
During an October hearing, Mr King's advocate Lord Davidson of Glen Clova QC argued that the Rangers chief "is penniless" adding: "Any order wouldn't secure compliance. It won't. It is pointless."
Under Takeover Code rules, a written offer to shareholders had to be made within 28 days of Laird making the bid announcement on March 29 - but it is still not forthcoming.
A letter by John Bennett, the chairman of an "independent directors" group of Rangers International Football Club plc on April 4 to shareholders agreed that the original Laird announcement had not been "cash confirmed" and said that "this will be addressed promptly" after April 4.
He said that the bid announcement was expected to be followed by the actual offer to shareholders "no later than 26th April, 2018".
Mr King claims the Takeover Panel had "changed the requirement" in insisting funds were held in the UK and said at the beginning of May: "I'll need time to comply."
He added: "You can’t ask me to do it, get my acceptance to do it and not give the extension to comply. That’s absurd.”
The King-led takeover group – which included Park's Motor Group founder Douglas Park, Rangers Supporters Trust and Rangers First member George Taylor and Rangers fan George Letham – had always denied that they had acted 'in concert' to purchase shares in Rangers on December 31 2014 and January 2, 2015.
But the Takeover Appeal Board (TAB) last year said that " the case for concluding that... Mr Letham and Mr King, at least, were acting in concert in purchasing the relevant shares becomes overwhelming".
In December Lord Bannatyne ruled in favour of the Takeover Panel that Mr King acted in concert with other shareholders when he bought a controlling stake in 2015.
But Mr King argued that a judge went "too far" in ordering him to make a mandatory offer at a price of 20p a share.
Lord Carloway on March 1 announced that a fresh appeal would be refused.
Lord Bannatyne in a previous hearing said that Mr King's argument that he did not have the funds to make the offer was "irrelevant".
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SloppyJoe
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20 Jun 2018, 11:17 AM
Post #9017
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Trip to Macedonia for the huns, hibs go to the faroes
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tenerifetim
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20 Jun 2018, 11:20 AM
Post #9018
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- SloppyJoe
- 20 Jun 2018, 11:17 AM
Trip to Macedonia for the huns Seem like nice people ! Play in Blue & White ! Huns are gonna need a new away strip! https://en.wikipedia.org/wiki/FK_Shkupi
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Wee Ed KTF
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20 Jun 2018, 11:23 AM
Post #9019
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- DhenBhoy
- 20 Jun 2018, 11:08 AM
- peejaybee
- 20 Jun 2018, 11:02 AM
Full text Spoiler: click to toggle
REGULATORS have brought fresh legal action over the failure by Rangers chairman Dave King to make a judge-ordered £11 million bid for most of the club’s shares.
It has emerged that representatives of the Takeover Panel were in the Court of Session on Tuesday in a private session in front of Lord Doherty as the impasse over the issue continues.
Last month the Takeover Panel was granted a court order which forbid any attempt by Mr King's South African-based Laird Investments (Proprietary) Limited from making the mandatory offer to thousands of shareholders without a third party confirming that the funds to support it are there.
The Rangers chief who says he has the funds in South Africa rather than the UK has since accused the Takeover Panel of “bullying” while confirming the club hoped to raise £6 million of fresh capital from a share issue “before June”.
The Rangers chief has already been told that he is in breach of takeover rules by failing to make the shares bid by a deadline of April 26.
Rangers International Football Club plc stated in early May that it understood that the funds for the offer are there and that Laird was seeking South African government approval to allow the money for the offer to be transferred to the UK.
Lord Carloway at the Court of Session dismissed an appeal in March forcing a bid for 70 per cent of the shares to be made after agreeing that Mr King and others acted together to force their way into the Ibrox boardroom three years ago and ousting a board of directors said to be allied to Sports Direct founder Mike Ashley.
That meant under the code of takeovers and mergers, an offer should be make to all other shareholders at the highest price paid in the 12 months before the offer was announced.
It came after the Takeover Panel originally decided that a formal takeover should have been triggered after the Three Bears group led by Mr King secured more than 30 per cent of the voting rights in Rangers.
It is understood that no decision was made at the Thursday hearing which is understood to relate to having an order in relation to Section 955 of the Companies Act 2006.
Section 955 provides a route for the Panel to apply to the court to enforce requirements as well as requests for documents and information.
The Panel can make an application where there is reasonable likelihood that a person will contravene a requirement imposed. But it is not normally expected that the court would rehear substantively the issues giving rise to the original ruling.
On April 24, the Takeover Panel received "certain orders" which were aimed firstly to ensure that the bid is made while supported by actual funding making it Takeover Code-compliant, and secondly to ensure that no offer is made to shareholders without that money.
The move came after the panel said an initial share bid announcement by Mr King did not comply with the Takeover Code, as it was not supported by cleared funds.
Mr King's Laird firm had said in the March 29 announcement that the bid would be funded "using the receipt of dividends" amounting to £13,074,842.90 which was "to be declared on April 4".
Mr King had gone through a lengthy battle through through the courts to stave off pressure to buy the shares fearing the heavy financial toll it would place on him.
During an October hearing, Mr King's advocate Lord Davidson of Glen Clova QC argued that the Rangers chief "is penniless" adding: "Any order wouldn't secure compliance. It won't. It is pointless."
Under Takeover Code rules, a written offer to shareholders had to be made within 28 days of Laird making the bid announcement on March 29 - but it is still not forthcoming.
A letter by John Bennett, the chairman of an "independent directors" group of Rangers International Football Club plc on April 4 to shareholders agreed that the original Laird announcement had not been "cash confirmed" and said that "this will be addressed promptly" after April 4.
He said that the bid announcement was expected to be followed by the actual offer to shareholders "no later than 26th April, 2018".
Mr King claims the Takeover Panel had "changed the requirement" in insisting funds were held in the UK and said at the beginning of May: "I'll need time to comply."
He added: "You can’t ask me to do it, get my acceptance to do it and not give the extension to comply. That’s absurd.”
The King-led takeover group – which included Park's Motor Group founder Douglas Park, Rangers Supporters Trust and Rangers First member George Taylor and Rangers fan George Letham – had always denied that they had acted 'in concert' to purchase shares in Rangers on December 31 2014 and January 2, 2015.
But the Takeover Appeal Board (TAB) last year said that " the case for concluding that... Mr Letham and Mr King, at least, were acting in concert in purchasing the relevant shares becomes overwhelming".
In December Lord Bannatyne ruled in favour of the Takeover Panel that Mr King acted in concert with other shareholders when he bought a controlling stake in 2015.
But Mr King argued that a judge went "too far" in ordering him to make a mandatory offer at a price of 20p a share.
Lord Carloway on March 1 announced that a fresh appeal would be refused.
Lord Bannatyne in a previous hearing said that Mr King's argument that he did not have the funds to make the offer was "irrelevant". So, GASL is defying the Court order by continuing to delay
I am shocked
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Forza
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20 Jun 2018, 11:23 AM
Post #9020
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Huns playing at Ibrox on 12 July?
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