Quote:
Originally Posted by all_funkt_up
They are subject to a CVA at the moment though arent they?
So they cant extend liabilities at this point. To all intents and purposes they are not a fully functional entity at the moment.
|
Nope.
They darent ask for a CVA as Astor Holdings (Leeds main creditors) who are offshore seem to be somewhat linked to Bates and this looks highly illegal and suspect to me.
Bates paid 53p in the £ for Leeds, but the other bidders were prepared to pay more - hence dodgy dealings between Astor and Bates (the same person?)