pedg Posted 28 November, 2011 Share Posted 28 November, 2011 http://balticbusinessnews.com/article/2011/11/28/snoras-heads-for-bankruptcy-with-eur-1bn-in-missing-assets [h=1]Snoras heads for bankruptcy with EUR 1bn in missing assets[/h]28.11.2011, 14:13The government will not try to save the troubled and now nationalised commercial bank Snoras and will seek its bankruptcy. Such a decision was taken by the central bank Lietuvos bankas after it reviewed the findings about Snoras' situation by the bank's temporary administrator. The temporary administrator's team has discovered that instead of the expected LTL 8bn of assets, Snoras has only LTL 4.6bn. The missing LTL 3.4bn consists of bad loans, investments in non-existing Cayman funds and non-existing funds in foreign bank accounts. Link to comment Share on other sites More sharing options...
Saints foreva Posted 28 November, 2011 Share Posted 28 November, 2011 14,391 at Nottarf Krap.... at £20 per pop (ok, we know that's unlikely) that would only generate £287,820. Players? Henderson - £3k Ward - £2k Rocha - £5k Pearce - £5k Halford - £10k Mattock - portion of chips? Mullins - £15k Huseklepp - £10k Norris - £15k Thorne - portion of chips? Kitson - £20k Starting eleven today? That's £85k per week. Oh, add on Ben Haim (on the bench) £30k, Mokoena £20k, Benjani £10k, Ashdown £5k, Kanu £20k?? £170k per week (just a guess) - £680k per month. There's the line in the sand. Yeah...course they're breaking even..... :lol: I seem to remember figures between £38,000-£50,000 being thrown around by the media for Ben Haim's wages! Link to comment Share on other sites More sharing options...
Tokyo-Saint Posted 28 November, 2011 Share Posted 28 November, 2011 That is going too far Phil. It looks like an advert for the most horrific porno ever made, well since two skates one cup anyway. Link to comment Share on other sites More sharing options...
Gruffalo Posted 28 November, 2011 Share Posted 28 November, 2011 Asset seizure begins, just locally for now - Nov. 28 (Bloomberg) -- Latvia froze assets, including a house and 14 luxury cars, that belong to Vladimir Antonov after regulators halted operations at his Latvijas Krajbanka AS last week, TV3’s Neka Personiga reported, citing the police. The cars are valued at about 1 million euros ($1.3 million), the television program reported. Antonov’s house in Jurmala, a seaside city outside the Latvian capital, Riga, was also seized, the television program said. Lithuania’s government took over Bankas Snoras AB, the country’s third-biggest bank by deposits, on Nov. 16 after the central bank discovered that assets reported on the lender’s balance sheet were missing. The Latvian bank regulator suspended operations at Krajbanka, a local unit of Snoras, on Nov. 21 and says about 100 million lati ($190.8 million) may be missing. The regulator said today an insolvency procedure for Krajbanka will be filed in court this week. Former Snoras owners Antonov and Raimondas Baranauskas told a U.K. judge on Nov. 25 they were innocent of Lithuanian allegations of fraud and embezzlement that pushed the bank into insolvency. Antonov, 36, and Baranauskas, 53, were granted bail by Judge Caroline Tubbs at a hearing in London. They were arrested in the U.K. capital Nov. 24 after Lithuanian authorities issued a European arrest warrant. Antonov “strenuously denies dishonesty in any of his dealings,” Rachel Scott, his lawyer, told the court. “He doesn’t impose a serious flight risk.” The men are accused of stealing about 879 million litas ($339 million) through forgery and misappropriation, U.K. prosecutor Natalie Soule said. They allegedly forged documents to show false deposits in unspecified Swiss banks, Soule said. Link to comment Share on other sites More sharing options...
Joey-deacons-left-nut Posted 28 November, 2011 Share Posted 28 November, 2011 Let's be honest.. how many Legit 36 year old Bank Owners are actually out there?? Link to comment Share on other sites More sharing options...
dubai_phil Posted 28 November, 2011 Share Posted 28 November, 2011 That is going too far Phil. It looks like an advert for the most horrific porno ever made, well since two skates one cup anyway. Ah my bad. Looks like I subliminally got carried away by the I want Nicole Sherzinger for Christmas idea last night Perhaps I should just have posted Tick tock but this also works ROFLCOPTERS Link to comment Share on other sites More sharing options...
Sevvy Posted 28 November, 2011 Share Posted 28 November, 2011 http://www.businessweek.com/news/2011-11-28/snoras-to-file-for-protection-today-after-state-s-seizure.html http://balticbusinessnews.com/article/2011/11/28/snoras-heads-for-bankruptcy-with-eur-1bn-in-missing-assets Link to comment Share on other sites More sharing options...
dubai_phil Posted 28 November, 2011 Share Posted 28 November, 2011 OK, you guys are more up to speed with Brit Company Law than I am Is there any possible impact in the fact that CSI is a PLC not an Ltd? CONVERS SPORTS INITIATIVES PLC Company Type: Public Limited Company Nature of Business (SIC): 9262 - Other sporting activities Accounting Reference Date: 30/09 Last Accounts Made Up To: (NO ACCOUNTS FILED) Next Accounts Due: 14/03/2012 Last Return Made Up To: 14/09/2011 Next Return Due: 12/10/2012 Link to comment Share on other sites More sharing options...
ottery st mary Posted 28 November, 2011 Share Posted 28 November, 2011 False documents.....sorry Miss Natalie said......Forged documents to show false deposits in unspecified Swiss Banks...... If these gentlemen are not naughty boyzzz....they will quickly show the courts, The FA.The League, Pompey footer club and particularly this forum ...that there are considerable funds in accounts of note in real banks... In Swiss banks would be helpful:rolleyes: OK , funds available in any bank would be acceptable at this time... in order to stop Mr Lambitt having a thrombie... Simple question MR Lambitt......Are there any real funds available.. anywhere...even with Chanrai? Link to comment Share on other sites More sharing options...
redkeith Posted 28 November, 2011 Share Posted 28 November, 2011 Someone just had a trxt read out on the Radcliffe and Macconie show on 6 music : - "Goodbye Ken Rusell, You burned down Portsmouth Pier while filming Tommy, That's good enough for me! " Brilliant epitath Link to comment Share on other sites More sharing options...
Tokyo-Saint Posted 28 November, 2011 Share Posted 28 November, 2011 Ah my bad. Looks like I subliminally got carried away by the I want Nicole Sherzinger for Christmas idea last night Perhaps I should just have posted Tick tock but this also works ROFLCOPTERS No problem mate. If in doubt stick by the simple rule; PANDAS RUIN PORN. They just sit there looking moody, like Morrissey at a party. Link to comment Share on other sites More sharing options...
trousers Posted 28 November, 2011 Share Posted 28 November, 2011 No problem mate. If in doubt stick by the simple rule; PANDAS RUIN PORN. They just sit there looking moody, like Morrissey at a party. Works for me Link to comment Share on other sites More sharing options...
Wes Tender Posted 28 November, 2011 Share Posted 28 November, 2011 CONVERS SPORTS INITIATIVES PLC Company Type: Public Limited Company Nature of Business (SICK): 9262 - Other sporting activities Accounting Reference Date: 30/09 Last Accounts Made Up To: (NO ACCOUNTS FILED) Next Accounts Due: 14/03/2012 Last Return Made Up To: 14/09/2011 Next Return Due: 12/10/2012 I corrected it for you Phil. Link to comment Share on other sites More sharing options...
rallyboy Posted 28 November, 2011 Share Posted 28 November, 2011 so it's true what they say about Mr Panda the porn star - he just eats, shoots, and leaves? I guess the 20% CSI shareholder is busily ringing around New Jersey trying to organise the wagebill funding. Any 'banking clerical issues' with paying that and the situation would be even worse than thought, surely they must have money to cover the wages short term, even if they just pretend to dispute some. Link to comment Share on other sites More sharing options...
tony13579 Posted 28 November, 2011 Share Posted 28 November, 2011 Due to a cancelled holiday I am now available to do windows movie maker mini film. I need: sound track , images, story board/ ideas list. Ideas for titles/ credits tony.seaton@btinternet.com Link to comment Share on other sites More sharing options...
Saints foreva Posted 28 November, 2011 Share Posted 28 November, 2011 Link to comment Share on other sites More sharing options...
Picard Posted 28 November, 2011 Share Posted 28 November, 2011 http://www.baltic-course.com/eng/legislation/?doc=49311 Latvia to seek Sweden's help in regaining Krajbanka assets The Finance and Capital Market Commission will request the Prosecutor General turn to the Swedish Economic Crime Prevention Office to help regain Latvijas Krajbanka’s missing assets. The Commission wants the money that Snoras Bank's owner, Vladimir Antonov, has invested in his projects, including acquisition of the SAAB concern, writes LETA. The Swedish agency has already confirmed its readiness to assist Latvia in this matter. The LVL 100 million transferred out of the bank were for two purposes – to increase share capital, and to cover Antonov's personal projects. Didn't Corp Ho assure us Antonov had nothing to do with Saab? Link to comment Share on other sites More sharing options...
View From The Top Posted 28 November, 2011 Share Posted 28 November, 2011 Didn't Corp Ho assure us Antonov had nothing to do with Saab? I'd be gobsmacked if he had the balls show his face again. Link to comment Share on other sites More sharing options...
EastleighSoulBoy Posted 28 November, 2011 Share Posted 28 November, 2011 I'd be gobsmacked if he had the balls show his face again. She'll probably lurk and only come on here crowing when something doesn't occur quite as we thought. Link to comment Share on other sites More sharing options...
gaz Posted 28 November, 2011 Share Posted 28 November, 2011 She'll probably lurk and only come on here crowing when something doesn't occur quite as we thought. And claim he was trolling as a Saint on the main board, whilst posting from his wifes laptop, of whom he occasionally sees every two weeks or so. Oh sorry, he's spouted so much BS on this thread, that I've lost track. Link to comment Share on other sites More sharing options...
Delmary Posted 28 November, 2011 Share Posted 28 November, 2011 http://www.portsmouth-mad.co.uk/news/tmnw/antonovs_assets_frozen_715471/index.shtml Link to comment Share on other sites More sharing options...
View From The Top Posted 28 November, 2011 Share Posted 28 November, 2011 And claim he was trolling as a Saint on the main board, whilst posting from his wifes laptop, of whom he occasionally sees every two weeks or so. Oh sorry, he's spouted so much BS on this thread, that I've lost track. Was it her ipad, who was checked by the legal experts on POL, that assured us that the non existent Arab had nothing to do with SAAB? Link to comment Share on other sites More sharing options...
saint si Posted 29 November, 2011 Share Posted 29 November, 2011 http://www.portsmouth-mad.co.uk/news/tmnw/antonovs_assets_frozen_715471/index.shtml Oh bless them. Admin doesn't mean a points deduction lads, do don't worry about that. It means expulsion from the football league... look it up, that's twice in 3 years... Link to comment Share on other sites More sharing options...
dronskisaint Posted 29 November, 2011 Share Posted 29 November, 2011 She'll probably lurk and only come on here crowing when something doesn't occur quite as we thought. Or quite as it ambiguously only reported the rumour that there was a possibility that it may have been - the twart is so densely one-eyed to be beyond psychiatric assistance. Link to comment Share on other sites More sharing options...
ericofarabia Posted 29 November, 2011 Share Posted 29 November, 2011 She'll probably lurk and only come on here crowing when something doesn't occur quite as we thought. Also keep an eye on your spelling or else PFC123 will be down on you like a ton of tuna. Link to comment Share on other sites More sharing options...
Sevvy Posted 29 November, 2011 Share Posted 29 November, 2011 Expert om Vladimir Antonov: "Ren stöld" Han bara tog pengarna och stack. Östeuropaexperten Anders Åslund är inte nådig i sin kritik av Saab-finansiären Vladimir Antonov agerande i Baltikum. - Det här är ren stöld, säger han till Dagens industri. 26 november 2011 Nytt förslag om Saabägande till GM 25 november 2011 Antonov släpptes mot borgen - trots protest 25 november 2011 Vladimir Antonov skapar kris i Baltikum 25 november 2011 Inga löner till de anställda på Saab 24 november 2011 Vladimir Antonov gripen - i London 24 november 2011 Muller skyller sena löner på kineserna 24 november 2011 Facket förbereder sig för åtgärder Vladimir Antonov, som tidigare var spekulant på Saab och hjälpte till att finansiera Spykers köp av bolaget, orsakar en politisk och finansiell kris i Baltikum efter den bankplundring han misstänks ha utfört. "Tog pengarna och stack" I Dagens industri går Anders Åslund, professor och Östeuropaexpert vid Peterson Institute, till hårt angrepp mot Vladimir Antonovs agerande. - Det här är ren stöld. Han bara tog pengarna och stack, säger han till tidningen enligt DI.se. Släpptes mot borgen Miljardplundringen från de två bankerna Snoras och Krajbanka som Antonov misstänks för kan bli ett hårt slag från skattebetalarna i Lettland och Litauen, enligt DI.se. I går stod Antonov inför rätta i London. Han släpptes mot borgen efter förhandlingarna. I ett sms till Expressens Tomas Kvarnkullen försvarade Saabs vd Victor Muller den ryske finansmannen. - Alla är oskyldiga till dess att de bevisats skyldiga i en domstol, skriver han. Den 16 december fortsätter processen mot Vladimir Antoniv med en ny förhandling. Expert on Vladimir Antonov "pure theft" He just took the money and ran. Eastern Europe expert Anders Aslund is gracious in his criticism of the Saab financier Vladimir Antonov's actions in the Baltics. - This is pure theft, he says to Dagens Industri. November 26, 2011 New proposal for Saab ownership of GM November 25, 2011 Antonov was released on bail - despite protest 25 November 2011 Vladimir Antonov create a crisis in the Baltic States November 25, 2011 No salaries to the employees at Saab 24 November 2011 Vladimir Antonov arrested - in London November 24, 2011 Muller blames late wages for Chinese November 24, 2011 the union is preparing for action Vladimir Antonov, a former buyer for Saab and helped to finance Spyker's purchase of the company, causing a political and financial crisis in the Baltics after the bank robbery he is suspected of having done. "Took the money and stuck" In Today's industry is Anders Aslund, a professor and Eastern Europe expert at the Peterson Institute, the hard attack on Vladimir Antonov behavior. - This is pure theft. He just took the money and left, he says to the newspaper as DI.se. Released on bail Billion plunder from the two banks Lace and Krajbanka that Antonov is suspected to be a severe blow from the taxpayers in Latvia and Lithuania, according DI.se. Yesterday was Antonov on trial in London. He was released on bail after negotiations. In a text message to Expressen Tomas Remaining Hill defended Saab CEO Victor Muller, the Russian financier. - Everyone is innocent until proven guilty in a court, he writes. On 16 December, the process of Vladimir Antoniv with a new hearing. Translated, from Swedish news paper, Link to comment Share on other sites More sharing options...
rallyboy Posted 29 November, 2011 Share Posted 29 November, 2011 translated? It reads like a toothless rant from Paulsgrove's most educated person - big words but in an odd order. The admission that they can pay wages in the 'short to medium term' also supports the theory that new investment is required immediately to prevent a club-destroying return to administration. League rules aside, what happens to the current CVA if that happens? Does a potential new owner offer 20p in the pound of the original 20p? Antonov's problems might frighten off similar characters in future and leave them with no offers at all for a business that has no assets of note, and way too much baggage... Either way the only thing we can be certain of is that creditors are gonna get properly shafted, even if they have new members to their little group. I wonder how the taxman will respond to another flick of the V's? Link to comment Share on other sites More sharing options...
EastleighSoulBoy Posted 29 November, 2011 Share Posted 29 November, 2011 Also keep an eye on your spelling or else PFC123 will be down on you like a ton of tuna. Sorry mate but, like Corp, you've lost me with this one. I tend to spell and grammar check as I'm one of the pedants who picks people up on their errors. Nope, no error there. Quite, correctly, as opposed to quiet. Link to comment Share on other sites More sharing options...
saint lard Posted 29 November, 2011 Share Posted 29 November, 2011 Just tweeted by Portsmouth 'The News' reporter...... pn_Emma_JuddEmma Judd I have a feeling today is going to be an interesting one for Pompey owners CSI. Let's hope it's interesting in a good way! Link to comment Share on other sites More sharing options...
dubai_phil Posted 29 November, 2011 Share Posted 29 November, 2011 Just tweeted by Portsmouth 'The News' reporter...... pn_Emma_JuddEmma Judd I have a feeling today is going to be an interesting one for Pompey owners CSI. Let's hope it's interesting in a good way! Yep, they are about to discover that they are going to be travelling soon. The Baltic states are most pleasant at this time of year I am led to believe. Oh and the chances of it being interesting in a good way? About the same as my chances of getting someone else to clean up the camel pooh on my drive. Link to comment Share on other sites More sharing options...
pedg Posted 29 November, 2011 Share Posted 29 November, 2011 Just tweeted by Portsmouth 'The News' reporter...... pn_Emma_JuddEmma Judd I have a feeling today is going to be an interesting one for Pompey owners CSI. Let's hope it's interesting in a good way! Anyone know what is special about today then? Link to comment Share on other sites More sharing options...
saint lard Posted 29 November, 2011 Share Posted 29 November, 2011 Anyone know what is special about today then? The day the players/staff are expecting bacs payments into their bank accounts?.......those blasted wages need to be paid. Link to comment Share on other sites More sharing options...
holepuncture Posted 29 November, 2011 Share Posted 29 November, 2011 Oh bless them. Admin doesn't mean a points deduction lads, do don't worry about that. It means expulsion from the football league... look it up, that's twice in 3 years... Indeed, not even two years since they fell into administration (after a year of blatant insolvent trading), they are looking at going bust again... can the skates hold out until Feb 2013 without falling into admin again? Not sure what happens to AAs legally CODified CVA document, (amazingly) ratified in court - if they default on that debt the company is liquidated... Vlad did mention he bought a 'debt free club' as the new co is a seperate legal entity to the old co. I guess the old co could be liquidated and the CVA blown off, but you can kiss goodbye to your golden share to the football league! I think Corporate Ho and his gang of experts should start work on the Moneyfields merger before its too late... at least you have them two kids from West Brom, and a manager on £2pw... not sure how TBH will feel about the big move/merger into the Wessex league Play up moneyfields pompey... moneyfields pompey play up! Link to comment Share on other sites More sharing options...
ottery st mary Posted 29 November, 2011 Share Posted 29 November, 2011 Anyone know what is special about today then? The money that has disappeared from banks in Lithuania and Latvia is due to arrive in Potsmouth by lorry and head straight to the ground to pay Ben Haim wages for the last 6 months... The other players will have to wait for another day... Link to comment Share on other sites More sharing options...
Saint Lindford Posted 29 November, 2011 Share Posted 29 November, 2011 Just like the Fratton End on a good day!!! Link to comment Share on other sites More sharing options...
saint lard Posted 29 November, 2011 Share Posted 29 November, 2011 Antonov has surrendered his stake in CSI?. Therfore what is not his, cannot be siezed? Has Dubov undergone the FAPPT? Link to comment Share on other sites More sharing options...
Doctoroncall Posted 29 November, 2011 Share Posted 29 November, 2011 Antonov has surrendered his stake in CSI?. Therfore what is not his, cannot be siezed? Has Dubov undergone the FAPPT? I don't think it can be done after the event (the arrest warrant), not 100% sure though. A bit like closing the stable door when the horse has bolted kind of thing. Link to comment Share on other sites More sharing options...
Sevvy Posted 29 November, 2011 Share Posted 29 November, 2011 http://www.newsnow.co.uk/A/535175298?-11209 They are not a happy bunch Link to comment Share on other sites More sharing options...
dubai_phil Posted 29 November, 2011 Share Posted 29 November, 2011 Antonov has surrendered his stake in CSI?. Therfore what is not his, cannot be siezed? Has Dubov undergone the FAPPT? Oh yeah that will go down well with the authorities. We are seizing your assets to liquidate them to give the poor defrauded citizens their life savings back Well, you can't because I gave everything away yesterday to my friends That should add another 10 years to the sentence, and possibly then implicate Roman & Akers in "attempting to Pervert the course of Justice" or worse Link to comment Share on other sites More sharing options...
dubai_phil Posted 29 November, 2011 Share Posted 29 November, 2011 Oh and lol at the few saying he will not be extradited "over fears he won't get a free trial" - The UK was perfectly happy with the legal system over that part of the world as it nailed that member of the Real IRA. It's an EAW, they extradite grannies to Bulgaria over Speeding Tickets FFS, so Vlad has NO chance of getting away with stealing a Nation's life savings. Just imagine the row IF he had been responsible for destroyng a British Bank like that Goodwin bloke. Oh Link to comment Share on other sites More sharing options...
hutch Posted 29 November, 2011 Share Posted 29 November, 2011 Not sure what happens to AAs legally CODified CVA document, (amazingly) ratified in court - if they default on that debt the company is liquidated... Vlad did mention he bought a 'debt free club' as the new co is a seperate legal entity to the old co. I guess the old co could be liquidated and the CVA blown off, but you can kiss goodbye to your golden share to the football league! FWIW, the relevant part of the CVA actually states the following, word for word: Upon the acceptance of these Proposals, by the requisite majority of creditors, the Club [thats "Oldco" to you & me] will enter a CVA for a period of nine months or such further period as creditors may allow. The nine month period should provide the Joint Supervisors of the arrangement a sufficient period of time to oversee the transfer of the business and assets of the Club into a new company ('Newco') and also to facilitate the transfer of the FL share to that entity. At the end of the nine month period the original legal entity, which traded as the Club, will be placed into Liquidation to enable the duly appointed Liquidators to begin their investigation into the affairs of the Club. Newco will continue to trade as the football club in the Championship and will be obliged to pay a contribution to enable a minimum dividend of 20 pence in the pound before costs and expenses to all unsecured creditors in full and final settlement of their debt. This obligation will be formalised by way of a binding sales and purchase agreement in consideration of the transfer of the business and assets to the Newco. Newco will be allowed a further period of 4 years and 3 months to pay the outstanding consideration into the liquidaton. The sale of the "business and assets" took place to Chainrai in October 2010, and it would seem safe to assume that the same obligation was included in the sale agreement from Chainrai to CSI, so they have until sometime between January and June 2015 (depending on how you interpret the CVA) to pay up. In answer to Holepuncture's point, Newco has to pay the CVA, not Oldco, which is was placed in Liquidation in January 2011. It is, IMHO, a disgraceful document, not least because: a) it is headed "SUMMARY OF THE VOLUNTARY ARRANGEMENT PROPOSALS", suggesting that there are actually more explicit "VOLUNTARY ARRANGEMENT PROPOSALS" lurking somewhere that haven't been filed at Court, and b) it is open to interpretation that the obligation to pay is contingent upon Newco continuing "to trade as the football club in the Championship". Suspicious minds might ponder what would happen if the football club was not in the Championship. The words "in the Championship" were included in there for a reason, because they are not necessary simply to create the obligation to pay. Link to comment Share on other sites More sharing options...
Gemmel Posted 29 November, 2011 Share Posted 29 November, 2011 Before costs and expenses?? Does anyone know if that means, that if they spent 100k or whatever on AA then that would be deducted from the 20p in the pound? It is entirely possible that the cva isn't worth the paper it is written on. Link to comment Share on other sites More sharing options...
Gruffalo Posted 29 November, 2011 Share Posted 29 November, 2011 The details of the CVA were published in AA's Completion Report. I'm sure it's already been posted in this thread but, to save time hunting through 900 odd pages, here's the link - http://www.uhy-uk.com/assets/media/download/portsmouth%20reports/Completion%20report.pdf Link to comment Share on other sites More sharing options...
$$$ Posted 29 November, 2011 Share Posted 29 November, 2011 http://www.newsnow.co.uk/A/535175298?-11209 They are not a happy bunch In the comments, someone called realmole2 is claiming CSI have just gone into administration… Link to comment Share on other sites More sharing options...
rallyboy Posted 29 November, 2011 Share Posted 29 November, 2011 the creditors voted yes for a deal whereby AA can name his price on the 'expenses'. As I said a million pages ago, if a big business took me for a ride and then offered me a deal like that I would have two choices. a. Accept that I've been conned and take the potential pittance over a few years like a feeble little lapdog. b. Vote against it, put them out of business, and dance on their dirty corporate grave. Other than if you are one of the few, I cannot see why any small business wouldn't go for the latter - It would be B for me every time. Then again I'm not a big fan of people stealing money off me - perhaps the creditors are more rounded citizens than I and take these things lightly. The creditors voted for a shafting and that's exactly what they are getting. Link to comment Share on other sites More sharing options...
bridge too far Posted 29 November, 2011 Share Posted 29 November, 2011 the creditors voted yes for a deal whereby AA can name his price on the 'expenses'. As I said a million pages ago, if a big business took me for a ride and then offered me a deal like that I would have two choices. a. Accept that I've been conned and take the potential pittance over a few years like a feeble little lapdog. b. Vote against it, put them out of business, and dance on their dirty corporate grave. Other than if you are one of the few, I cannot see why any small business wouldn't go for the latter - It would be B for me every time. Then again I'm not a big fan of people stealing money off me - perhaps the creditors are more rounded citizens than I and take these things lightly. The creditors voted for a shafting and that's exactly what they are getting. Well, given this http://www.bbc.co.uk/news/business-15919515 you do wonder what AA's final bill will be! Link to comment Share on other sites More sharing options...
dubai_phil Posted 29 November, 2011 Share Posted 29 November, 2011 In the comments, someone called realmole2 is claiming CSI have just gone into administration… That's just a Smiley Porn rumour Mind you THAT would make life complicated as Chinny' claims would then be put in line during their admin process while the CSI Adninistrator tried to sell CSI's assets.... No that couldn't happen surely Link to comment Share on other sites More sharing options...
stevegrant Posted 29 November, 2011 Share Posted 29 November, 2011 In the comments, someone called realmole2 is claiming CSI have just gone into administration… Interesting, as it's a rumour I also heard yesterday Link to comment Share on other sites More sharing options...
stevegrant Posted 29 November, 2011 Share Posted 29 November, 2011 And there it is... @JohnSinnott Portsmouth's parent company Convers Sports Initiatives are the subject of insolvency proceedings #bbcfootball #pompey Link to comment Share on other sites More sharing options...
Gingeletiss Posted 29 November, 2011 Share Posted 29 November, 2011 Oh dear oh dear oh dear, Christmas coming early for Gingeletiss CSI subject to insolvency procedings :lol: Link to comment Share on other sites More sharing options...
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