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Old 11-10-2010, 16:55   #443
Uncle Peter
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Re: Football Season 2010/2011

Quote:
Originally Posted by TheDaddy View Post
news.yahoo.com/s/ap/20101011...

Royal Bank of Scotland says it has obtained an interim injunction preventing Liverpool co-owners Tom Hicks and George Gillett Jr. from firing chairman Martin Broughton and two other board members.

Hicks tried to remove managing director Christian Purslow and commercial director Ian Ayre from Liverpool's board last week when they sought to sanction a $476 million sale of the club to the owners of the Boston Red Sox.

RBS, which holds the bulk of Liverpool's debt, is claiming breach of contract. The bank said Monday it obtained an interim injunction before a hearing the following day at London's High Court.

Hicks and Gillett agreed to RBS' demands in April to allow Broughton to have control of the sales process.
Yep, after which not even sure if it would come to a declaratory judgement if the injunction is upheld tomorrow. It would be a waste of the saggy Texan's time and money pursuing his pointless defence, he might as well just walk now.

Either way it's clear now why the hearing is listed as RBS vs Hicks and others
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