forlanssister 3,062 Posted July 17, 2012 Share Posted July 17, 2012 That's the point though. D&P took no steps to null & void the PLC (oldco) Ticketus liabilities, despite there being a strong case in terms of financial assistance. Instead they did the opposite and established them as creditors. Yes as ordinary creditors as opposed to Ticketus's view that they were secured creditors and held property rights to the seats. For as much as I think Duff & Phelps are dodgy as f*&k I think they did what was required in this instance, I'm rather more puzzled as to why they did nothing to nullify the 'floating charge'. 0 Quote Link to post Share on other sites More sharing options...
forlanssister 3,062 Posted July 17, 2012 Share Posted July 17, 2012 Always had ambitions to become a mod somewhere. Buy yourself a fishtail parka. 0 Quote Link to post Share on other sites More sharing options...
UCF2008 0 Posted July 17, 2012 Share Posted July 17, 2012 Yes as ordinary creditors as opposed to Ticketus's view that they were secured creditors and held property rights to the seats. For as much as I think Duff & Phelps are dodgy as f*&k I think they did what was required in this instance, I'm rather more puzzled as to why they did nothing to nullify the 'floating charge'. Why nullify it when it's clear (at least imo) that Whyte, D&P and Ticketus were all working together on squeezing money out of RFC from square one? 0 Quote Link to post Share on other sites More sharing options...
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