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Quote: Adeybull "Indeed.

My problem with that wording has always been that it never made clear whether or not there was a contingent liability upon the company? The wording used there implies that the RFL could pursue OK whether or not there was, and whether or not the company actually made any repayment to the RFL?

It would concern me if there WAS a contingent liability upon the company, and at least the existence of said contingent liability was not referred to in the Administrator's Proposals. Not least because, in the unlikely event that there MIGHT be some dividend for the unsecureds, any crystalised RFL claim would massively dilute the claims of the remaining unsecureds.

Which was why my original conclusion was that it seemed unlikely that there would be such a condition applying to the company. Yet, if the RFL did indeed lodge a large claim, that would very much suggest that there WAS?

So it's got me beat!'"



I think we have to assume that there was a contingent liability on the company otherwise surely the administrator would have had to dismiss the RFL's claim - he is there to deal with the affairs of OKB Ltd not to deal with disputes between two 3rd parties. It would very much depend on the status of OK's guarantee - did he give a separate personal guarantee or was he in fact acting as guarantor for the company, which are two entirely different things.

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Quote: Pumpetypump "I know it is impossible to be the case, but I'm already finding myself refreshing the news feeds and twitter every few minutes for news.

Not that I give a stuff obviously. Way too cool for that.'"


Appeal hearing is from 2pm - 6pm today. So you can hold off on your twitter refreshes for now icon_wink.gif

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Last edited by Ferocious Aardvark on stardate Jun 26, 3013 11:27 am, edited 48,562,867,458,300,023 times in total:d7dc4b20b2c2dd7b76ac6eac29d5604e_973.gif



Quote: LeagueDweeb "...
OK gave a personal guarantee of repayment should OKB enter admin. '"

Nope. Wrong.
Quote: LeagueDweeb "...Sky money DID NOT & WILL NOT appear as a liability on OKB accounts. '"

Neither will the GDP of Botswana. Can you tell us who said it did or would, though?
Quote: LeagueDweeb "... OKB DID NOT have any liability to repay the funds '"

Wrong. In specific circumstances OKB did indeed have liability.
Quote: LeagueDweeb "...You are nothing but an ill informed, ignorant troll.'"

c020.gif Bless.

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“At last, a real, Tory budget,” Daily Mail 24/9/22 "It may be that the honourable gentleman doesn't like mixing with his own side … but we on this side have a more convivial, fraternal spirit." Jacob Rees-Mogg 21/10/21 A member of the Guardian-reading, tofu-eating wokerati.:d7dc4b20b2c2dd7b76ac6eac29d5604e_755.jpg



Quote: Maccbull_BigBullyBooaza "I'm a big Wildcats fan and would love all Wakefield season ticket holders to join me in Skipton tonight for free meals. You'll all fit in don't worry so just head up when you're ready.'"


You expect them to leave West Yorkshire? icon_eek.gif

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Quote: tigertot "You expect them to leave West Yorkshire?
There is a new visa waiver scheme in place, but you have to pass a basic English test

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Quote: Maccbull_BigBullyBooaza "I'm Omar Khan [size(not the former chairman of Bradford Bulls a different one in case his lawyers are reading this)[/size.

Given that I now have no affiliation to the Bulls I'm nailing my colours to the mast.

I'm a big Wildcats fan and would love all Wakefield season ticket holders to join me in Skipton tonight for free meals. You'll all fit in don't worry so just head up when you're ready.'"


Dear Omar - how will you get all 17,000 Wakey fans in your restaurant ? you must be looking at multiple sittings surely ?

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Quote: Northernrelic "There is a new visa waiver scheme in place, but you have to pass a basic English test'"


Poor old Danny Kirmond icon_biggrin.gifANCE:

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"I'm sorry, but I would hope that we would beat Cas with a 1 day turnaround." An arrogant Wigan fan a few days before we stuffed them 18-4 at the JJB.:d7dc4b20b2c2dd7b76ac6eac29d5604e_42181.jpg



What time is the appeal verdict ?? Good luck.

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Quote: Maccbull_BigBullyBooaza "I'm Omar Khan [size(not the former chairman of Bradford Bulls a different one in case his lawyers are reading this)[/size.

Given that I now have no affiliation to the Bulls I'm nailing my colours to the mast.

I'm a big Wildcats fan and would love all Wakefield season ticket holders to join me in Skipton tonight for free meals. You'll all fit in don't worry so just head up when you're ready.'"


We've got NGB4C, we don't need another one, so I suggest you turn your allegiance to a more local outfit - although I don't think Keighley deserve a fan like you. What I'm trying to say is that even if you weren't such a facetious **** you wouldn't be welcome.

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Quote: wakeyrule "We've got NGB4C, we don't need another one, so I suggest you turn your allegiance to a more local outfit - although I don't think Keighley deserve a fan like you. What I'm trying to say is that even if you weren't such a facetious **** you wouldn't be welcome.'"


icon_kiss.gif

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“At last, a real, Tory budget,” Daily Mail 24/9/22 "It may be that the honourable gentleman doesn't like mixing with his own side … but we on this side have a more convivial, fraternal spirit." Jacob Rees-Mogg 21/10/21 A member of the Guardian-reading, tofu-eating wokerati.:d7dc4b20b2c2dd7b76ac6eac29d5604e_755.jpg



Quote: wakeyrule "We've got NGB4C, we don't need another one, so I suggest you turn your allegiance to a more local outfit - although I don't think Keighley deserve a fan like you. What I'm trying to say is that even if you weren't such a facetious **** you wouldn't be welcome.'"


You're not from around these parts, are ya son?



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good luck from me as well guys hope you get all 6 back

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Quote: tigerman1231 "good luck from me as well guys hope you get all 6 back'"


Not bothered if the Bulls get 6 or not I am not in melt down if everything is found to be above board great 6 back time to do it where it counts on the pitch.

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Quote: REDWHITEANDBLUE "Not bothered if the Bulls get 6 or not I am not in melt down if everything is found to be above board great 6 back time to do it where it counts on the pitch.'"

shame im not allowed to post on your board
I didn't aim my comment at wakefield or any of your supporters I couldn't care less if you are in meltdown or not tbh.
I just came to say good luck to the bulls lot on there appeal but a happy outcome for me would be all 6 back and you lot down

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Whenever you find yourself on the side of the majority, it is time to pause and reflect. Mark Twain Build Bridges NOT Walls:1271.jpg

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Quote: Tigerade "Dear Omar - how will you get all 17,000 Wakey fans in your restaurant ? you must be looking at multiple sittings surely ?'"

No trouble - they once got the entire Hull KR away support [rumoured to be well over 40K.....well, at least in east Hull] at one sitting.

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