ian1964 10,514 Posted March 2, 2017 Share Posted March 2, 2017 Club's lawyers halted proceedings in dispute over 2012 naming rights deal. Rangers will have to pay the legal bills of former chief executive Charles Green and billionaire businessman Mike Ashley after the club halted a legal action. Lawyers for Rangers attended the Court of Session in Edinburgh because the club's current owners object to a 2012 deal which allowed Mr Ashley's Sports Direct to have the "naming rights" to Ibrox Stadium. The club's legal team alleges*former directors Charles Green, Imran Ahmad, Brian Stockbridge and Derek Llambias acted negligently during their time at the club. Rangers believe the men did not act in the business' best interests when they negotiated commercial deals with Sports Direct. The deals the club are objecting to include an October 2012 agreement in which the directors allowed Sports Direct to have the "naming rights" to Ibrox stadium. Rangers believe*the naming rights were given to Sports Direct at a price well below their true market value. On Thursday, lawyers acting for Rangers went to Scotland's highest court in a bid to recover documents from Mr Green, Mr Ahmad, Mr Stockbridge, Mr Llambias, Sports Direct and Mr Ashley. They believe the recovery of the documents would help their case against those involved in the deal. During a two-hour hearing, lawyers acting for Rangers tried to amend the legal document which detailed what they wanted to recover. The advocates representing Mr Green, Mr Ahmad, Mr Stockbridge, Mr Llambias, Sports Direct and Mr Ashley objected to the proposed changes. They argued they needed time to consult their clients about the amended proposals.* This prompted lawyers acting for Rangers to withdraw the proposed amendments and stop the bid to recover the documents. Lawyers acting for the defenders in the case then asked the court for Rangers to pay their legal costs for the hearing as Thursday's proceedings were "unnecessary". Judge Lord Brailsford agreed with the submissions made by the lawyers appearing for the five men and Sports Direct. He added: "Today's hearing has been unnecessary and I award each of the defenders their expenses." It is not known how much the Glasgow side will have to pay for Thursday's hearing. It is thought to be several thousands of pounds. https://stv.tv/news/west-central/1382098-rangers-to-pay-charles-green-and-mike-ashley-s-legal-fees/?utm_content=buffer34c58&utm_medium=social&utm_source=twitter.com&utm_campaign=buffer 0 Quote Link to post Share on other sites More sharing options...
Oleg_Mcnoleg 50 Posted March 2, 2017 Share Posted March 2, 2017 Not quite what the headline suggests though it does sound pretty amateurish. 0 Quote Link to post Share on other sites More sharing options...
ian1964 10,514 Posted March 2, 2017 Author Share Posted March 2, 2017 Not quite what the headline suggests though it does sound pretty amateurish. Most times I post these articles before reading them! 0 Quote Link to post Share on other sites More sharing options...
cooponthewing 1,139 Posted March 2, 2017 Share Posted March 2, 2017 (edited) Most times I post these articles before reading them! Another slow news day Ian. Another chance to stick a petulant kick in from STV. The headline is just mischief making as usual. Edited March 2, 2017 by cooponthewing 0 Quote Link to post Share on other sites More sharing options...
Clachan1872 0 Posted March 2, 2017 Share Posted March 2, 2017 So is it the recovery of all the documents or only those additional ones requested in the in the amendment that are being dropped? Are Rangers likely to try again by some other route? 0 Quote Link to post Share on other sites More sharing options...
boabie 230 Posted March 2, 2017 Share Posted March 2, 2017 The case goes on. Rangers have agreed to pay the expenses of the other side for Thursdays proceedings only. 0 Quote Link to post Share on other sites More sharing options...
MacK1950 2,258 Posted March 2, 2017 Share Posted March 2, 2017 Peyton Place comes to mind!!!! 0 Quote Link to post Share on other sites More sharing options...
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