The Huns and Liquidation

Imatim said:
Am I correct in saying it’s been 7 years and the Huns have still not been officially liquidated?

To take this length of time without closure certainly poses the question.....who owns the Deeds?
Click to expand...
Sevco 5088 on companies house received payment from somewhere last year and have an outstanding payment of over 10 million coming in within 12 months of last August mentioned on their accounts.

They also claim they have been fraudulently dispossessed of their assets?

I wonder if they hold the deeds

But sevco scotland hold assets?

Sevco 5088 is owned by the holding company that was once known as wavetower, which owned rangers the club before it died

now known as The Rangers FC Group Ltd

no longer owned by Mr whyte

but owned by the Worthington group

Is there a Hong Kong connection between Worthington group and the bold Craigy?

https://oldnunaminerals.wordpress.com/craig-whyte-banned-director-behind-worthington-group-plc/
 
TET said:
Sevco 5088 on companies house received payment from somewhere last year and have an outstanding payment of over 10 million coming in within 12 months of last August mentioned on their accounts.

They also claim they have been fraudulently dispossessed of their assets?

I wonder if they hold the deeds

But sevco scotland hold assets?

Sevco 5088 is owned by the holding company that was once known as wavetower

now known as The Rangers FC Group Ltd

no longer owned by Mr whyte

but owned by the Worthington group

Is there a Hong Kong connection between Worthington group and the bold Craigy?

https://oldnunaminerals.wordpress.com/craig-whyte-banned-director-behind-worthington-group-plc/
Click to expand...
http://www.telegraph.co.uk/sport/fo...ins-lawsuit-in-battle-for-Rangers-assets.html
 
TET said:
Sevco 5088 on companies house received payment from somewhere last year and have an outstanding payment of over 10 million coming in within 12 months of last August mentioned on their accounts.

They also claim they have been fraudulently dispossessed of their assets?

I wonder if they hold the deeds

But sevco scotland hold assets?

Sevco 5088 is owned by the holding company that was once known as wavetower

now known as The Rangers FC Group Ltd

no longer owned by Mr whyte

but owned by the Worthington group

Is there a Hong Kong connection between Worthington group and the bold Craigy?

https://oldnunaminerals.wordpress.com/craig-whyte-banned-director-behind-worthington-group-plc/
Click to expand...
https://www.eveningtimes.co.uk/news...its-claim-on-18m-rangers-oldco-creditors-pot/
 
https://www.thetimes.co.uk/article/trade-secrets-if-you-want-the-truth-spell-it-out-bhsgvktqx0b

allegedly

Aside from sloppy spelling, the market has been leery of Worthington for the speed its investments were made, its stratospheric price rise, its lack of a broker and board with only two directors.

But mostly it’s distrustful of Worthington’s connection to Craig Whyte, the former owner of Rangers FC. In April last year, Worthington bought 26 per cent of Law Financial, one of Mr Whyte’s companies and the book and film rights to his takeover and subsequent financial collapse of the club. At that time, Mr Whyte held a 7.6 per cent stake in Worthington through Liberty Capital, his British Virgin Islands-registered firm. Worthington continues to pursue a claim through the courts on nearly £3 million that Rangers’ administrators seized from Mr Whyte’s lawyers.

Last week, Mr Whyte was banned from being a company director for 15 years. The 43-year-old was handed the biggest ban possible after a judge heard that his conduct in dealing with Rangers was “shocking and reprehensible”.

On Friday, Worthington responded. Its investments aren’t made quickly, it said, but were carefully teed up while its shares were suspended (at its own request, while it sorted a pension problem). More are on the way. Expect its board to be bolstered any time now.

Doug Ware is no longer on Law Financial’s board, a position he took only to oversee Worthington’s interests. Neither is Mr Whyte, who Mr Ware didn’t know previously and met for only a quarter of an hour. And Mr Whyte is no longer a Worthington shareholder.

That’s that, then. Not quite. Liberty Capital, Mr Whyte’s vehicle, may no longer appear on Worthington’s share register, but Regenesis Holdings does. According to Bloomberg, it’s Worthington’s biggest backer, with 12.5 per cent. Regenesis’s majority shareholder is Wulstan Earley, brother of Aidan Earley, both business associates of Craig Whyte.

At the end of last week, Worthington’s chief executive warned that he’s called in lawyers to go after the “worst offenders” posting unsavoury stuff about his company in the chatrooms of financial websites. Other bosses have tried the same thing, and failed. When it comes to silencing critics, transparency and engagement with the City work better. That, and accurate spelling.
 
TET said:
https://www.thetimes.co.uk/article/trade-secrets-if-you-want-the-truth-spell-it-out-bhsgvktqx0b

allegedly

Aside from sloppy spelling, the market has been leery of Worthington for the speed its investments were made, its stratospheric price rise, its lack of a broker and board with only two directors.

But mostly it’s distrustful of Worthington’s connection to Craig Whyte, the former owner of Rangers FC. In April last year, Worthington bought 26 per cent of Law Financial, one of Mr Whyte’s companies and the book and film rights to his takeover and subsequent financial collapse of the club. At that time, Mr Whyte held a 7.6 per cent stake in Worthington through Liberty Capital, his British Virgin Islands-registered firm. Worthington continues to pursue a claim through the courts on nearly £3 million that Rangers’ administrators seized from Mr Whyte’s lawyers.

Last week, Mr Whyte was banned from being a company director for 15 years. The 43-year-old was handed the biggest ban possible after a judge heard that his conduct in dealing with Rangers was “shocking and reprehensible”.

On Friday, Worthington responded. Its investments aren’t made quickly, it said, but were carefully teed up while its shares were suspended (at its own request, while it sorted a pension problem). More are on the way. Expect its board to be bolstered any time now.

Doug Ware is no longer on Law Financial’s board, a position he took only to oversee Worthington’s interests. Neither is Mr Whyte, who Mr Ware didn’t know previously and met for only a quarter of an hour. And Mr Whyte is no longer a Worthington shareholder.

That’s that, then. Not quite. Liberty Capital, Mr Whyte’s vehicle, may no longer appear on Worthington’s share register, but Regenesis Holdings does. According to Bloomberg, it’s Worthington’s biggest backer, with 12.5 per cent. Regenesis’s majority shareholder is Wulstan Earley, brother of Aidan Earley, both business associates of Craig Whyte.

At the end of last week, Worthington’s chief executive warned that he’s called in lawyers to go after the “worst offenders” posting unsavoury stuff about his company in the chatrooms of financial websites. Other bosses have tried the same thing, and failed. When it comes to silencing critics, transparency and engagement with the City work better. That, and accurate spelling.
Click to expand...
Who valued the deeds in the basket of assetts at the checkout for 5 mill. The company that carried out the evaluation will have did it in preparation for a buyer, so who was the buyer, only one name springs to mind, its were they obtained by deciet, thats at stake,
https://scotslawthoughts.wordpress....-rfc-2012-ltd-which-one-claims-to-be-rangers/
 
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I wonder how it could have been a club debt if clubs don't have debts?

https://www.bbc.com/news/uk-scotland-glasgow-west-29429752


And how did Mr Murray miss the fact Whyte had previously been banned as director for 7 years

if he did extensive due diligence on Whyte before his sale?

In the case of the other firm where he was a director, Tixway, it was ordered to be wound up in July 2012.

Mr Thomson said: “Over pounds two million of assets have either disappeared or, if they still exist, simply cannot be found by the liquidator.”

It was alleged that Whyte failed to ensure that Tixway maintained adequate accounting records and failed to cooperate with the liquidator and Insolvency Service.

Whyte was previously banned for a period of seven years in a case concerning the misapplication of money and property to the detriment of creditors.

The Secretary of State was awarded the expenses of the proceedings.
 
Craig Thomas Whyte (Date of Birth 18 January 1971) was the chairman of RFC 2012 plc (formerly known as The Rangers Football Club plc) – CRO No. SC004276.

His two addresses are:_ 1 Rue De Tenao, Principaute de Monaco; and Castle Grant, Grantown on Spey, Morayshire, PH26 3PS.

We are aware Mr Whyte is not contactable at these addresses.

RFC 2012 plc was placed into administration on 14 February 2012 and then subsequently wound up by the Court of Session in Edinburgh on 31 October 2012.


if club was wound up by cos on 31st October, halloween and the zombies,

and wound up means paid all the creditors?

https://thelawdictionary.org/winding-up/


Then Rangers went admin on valentines day died officially on halloween

And sevco ever since have been using dead clubs assets in and from 4th tier of Scottish football, pretending the club was not wound up?

see notes to editors on this site below as reference

https://oldnunaminerals.wordpress.com/craig-whyte-banned-director-behind-worthington-group-plc/
 
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