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Originally Posted by Uncle Peter
Hicks and Gillette's representative currently resorting to schoolyard tactics, accusations and excuses to try and divert attention from the real issues.
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Quote:
Originally Posted by The Guardian
2.15pm: Back to the High Court: G&H claim that the remaining three directors, Broughton, Purslow and Ayre formed a 'sub committee' which then considered the bids and after discussions with RBS decided to go with NESV.
2.18pm: From the court: H&G argue: "Resolution of the sub-committee is invalid because the English directors were in breach of the sales contract with RBS."
2.32pm: From Sachin Nakrani outside court: Hicks claims that the sub-committee became so ingrained that the directors started to refer to it as the "home team" in emails between themselves. One of which was accidentally sent to the owners at start of last week. Hicks claims that he only breached sales agreement by trying to oust two board members because the sub committee was a breach of the sales agreement in itself.
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If true it sounds like that they have a case...