D&P blow their own argument to shreds in court

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The core essence of Duff and Phelps protests at the SFA judicial panel punishment handed out this week, as they state, is that: “in our opinion do the panel fail to have properly apportioned culpability between the Club and Craig Whyte”.

Yesterday we found out the truth about how Duff and Phelps really think about apportioning culpability between a company and a director.

The Lawyer magazine yesterday reported:

“The administrators are suing Collyer Bristow and Whyte’s takeover vehicle the Rangers FC Group for at least £25m in damages. The firm is accused of conspiracy, breach of undertaking, negligence and breach of trust, with Withey – who acted as the club’s company secretary – complicit in the allegations.”

The Lawyer goes on to say that Mark Phillips, QC, acting on behalf of Duff and Phelps, “told the court that there was no evidence anyone else at Collyer Bristow was involved, but that as Withey had authority to act for the firm, it was liable for the losses flowing from his “conspiracy”.

Get this clear; in the opinion of Duff and Phelps QC, as Withey had authority to act for Collyer Bristow, Collyer Bristow was liable.

Craig Whyte acted on behalf of Rangers after 6 May last year just as the old board acted on behalf of the club before then.  These people are using one argument to chase an enormous £25m but using the counter argument to subvert an SFA judicial panel.

The rules of the SFA are clear, Rangers are ‘liable’ for the actions of their directors, as anyone using this argument to pursue £25m should be well aware.  These people are shameless.

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1,179 Comments

  1. tommytwiststommyturns on

    31003 – sorry can’t make Friday, but think I’ve got a couple of horses.

     

    Hope it’s a big success.

     

     

    T4

  2. James Bowie ‏ @bowser1978

     

    Reply RetweetedRetweet

     

    Has Hugh Dallas made a statement yet about SFA bullying yet? I’m sure the press are on the phone to him now #SFA

  3. TTTT looking forward to it there are 7 of us coming through something magical about that number!

     

     

    Roy Croppie I like your style any excuse to put it off!

     

     

    Penalties … Hope Ronaldo misses!

  4. tommytwiststommyturns on

    Penalties in Madrid….there’s no enough Germans in that Bayern team!

     

    Please let Ronaldo miss….

     

     

    T4

  5. Let me please blow one myth out of the water.

     

     

    Celtic will start in the 3rd Qualifying Round of the 2012/13 Champions League . . . REGARDLESS OF WHO WINS THIS SEASON’S COMPETITION.

     

     

    Scotland is ranked 15th. The Champions of countries ranked 13 to 15 enter the 3rd Qualifying Round for Champions. If this season’s champions qualify for the 2012/13 Group Stages – Real and Bayern have already qualified, the champions of the country ranked 13th – Belgium – are promoted from the 3rd Qualifying Round to the Group Stages.

     

     

    I hope That has cleared this up.

  6. Interesting question: If Super Swally fell on his stomach could he get back to his feet without help?

     

     

    Like a tortoise in reverse?

  7. SPF

     

    yes. plenty of pay and display in the area..

     

    coming from East come off at charing cross and drive straight along Berkeley street..(past Mitchel Library)follow road and turn right at lights and that is you there.

  8. BT – So that’s why ma car was lifted? ;-)

     

     

    HH

     

     

    PS. I would put that in my satnav but i don’t have much luck with them. The first time I went to Skye and asked it to take me by the shortest route I ended up at a bloody ferry terminal and had to pay or go back doon the road an hour to get back on track to get there!

  9. TimsinOhio

     

     

    Nice one……there is a way but don’t ask me……I’ll get Smashy to post a link mañana.

     

     

    Cheers

     

     

    31003

  10. 31003

     

     

    Can’t make Friday but if you can wait until the weekend and then put up the link I’d like to make a donation mate?

  11. merseycelt lmfao as the big house door slams shut on

    HT

     

     

    Thanks mate.

     

     

    PL may be one of the good guys; he’s in the small minority of people in his position if he is.

     

     

    I hope our board do the right thing but, if they dont, I’ll still love and follow Celtic.

     

     

    HH

  12. tommytwiststommyturns on

    And Kaka misses….great goalkeeping.

     

     

    Bayern miss one….drama!

     

     

    T4

  13. TTTT

     

     

    Heard that….hope they win

     

     

    Hamiltontim

     

     

    Good on ya….

     

     

    Ah’ll get Smashy tae post a link tomorrow

  14. SOme of the best players in the world have missed penalties in vital shoot-outs.

     

     

    Roberto baggio

     

    Marco v Basten

     

    Rui Costa

     

    David Beckam

     

    Paul McStay

     

    Anton Rogan

     

     

     

    I’m no longer watching, can’t stand penalties. listening to the neighbours instead….