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Lifted from FF:

 

BBC2 Tonight - Did HMRC tax case sink Rangers Oldco

As the title says. The Pacific Quay CSC are doing a piece tonight asking that question

 

Any guesses on the outcome of this BBC CSC debate

 

Its on at 10.30pm

 

you'd hope it would be Richard Wilson but don't be surprised if the odious dickhead is wheeled on to spout shite

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Liquidation of Rangers 'was forced for tax probe'

 

THE TAXMAN voted against the compulsory voluntary arrangement (CVA) offered by Rangers to ensure an *investigation into the conduct of its owners and directors, including Sir David Murray and Craig Whyte, it has been claimed.

 

http://www.heraldscotland.com/news/home-news/liquidation-of-rangers-was-forced-for-tax-probe.24725771

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did ticketus not opt to pursue Whyte's personal guarantee's for the full amount, rather than accept a reduced payment via CVA????

If they had gone along the CVA route, they had no recourse through the guarantees.

 

Oldco didn't owe Ticketus a penny. They only had personal contractual rights which was why they went after Whyte who lost his appeal against Ticketus for fraudulent misrepresentation at the end of last year

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Oldco didn't owe Ticketus a penny. They only had personal contractual rights which was why they went after Whyte who lost his appeal against Ticketus for fraudulent misrepresentation at the end of last year

 

Oldco do owe Ticketus. They were listed as a creditor and the contract would have been signed between the club and Ticketus.

 

The fact that they went after a director and majority shareholder of the club does not take away from the fact that the oldco owe the money to Ticketus.

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Oldco do owe Ticketus. They were listed as a creditor and the contract would have been signed between the club and Ticketus.

 

The fact that they went after a director and majority shareholder of the club does not take away from the fact that the oldco owe the money to Ticketus.

 

I can assure you Ticketus are not an oldco creditor. Lord Glennie only awarded them 'personal contractual rights' hence their pursuit of Whyte thro the courts down south for fraudulent misrepresentation for which Whyte lost the appeal late last year

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