Again.... :tsk tsk:
Printable View
http://translate.googleusercontent.c...WQ8cq_vAk9XP1A
Ukio Bankas creditors meeting 18th March. The buntings will be hung out in Gorgie !
Sorry but just needing a bit clarification.
Am I correct in thinking that this meeting will appoint the committee only, then they will look at S H I T offer, unfreeze shares, ask Court to "rubber stamp" acceptance decision and Hearts become Anne Budge's new rabbit toy to play with as she wants?
How's the new job, CWG?
http://www.themusicvoid.com/wp-conte...net-police.jpg
:na na:
.
It's possible that the creditors were given 30 days notice. This is the first that it has been mentioned in the media.
The report isn't clear, however, on what the agenda for the meeting is. All I can see is that "The first meeting of creditors of the bank should identify the creditors' committee and the number of members elected by the Committee members."
I have no view on whether the Lithuanian MSM is as poor as ours in such matters... :)
Rubber stamps at the ready, people, it's a mere formality now!
:tee hee:
This is a meeting 99% of yams didn't know needed to happen.
Most will now assume this is the one they were waiting for and will have the calculator and calendar out, working out when Rudi returns.
This UKIO meeting doesn't much matter, it's the UBIG one that' important. Still no news on that.
It will matter plenty if the committee turn round to the Admin. and say,
" We hear this Edinburgh asset that was supposed to being sold on the cheap to a fans group is actually being bought by some rich millionairess.
Get some more dosh for it ! "
Or Lithuanian to that affect. :greengrin
A meeting has been arranged to arrange who will have a meeting. A meeting of minds is still beyond the maroon horizon.
I was speaking with a friend from work,he is 4th student accountancy from Lithuania,his aunt had her savings in the bank and reckons it will take another 4 years to get her money back,yes they will rubber stamp this deal for hearts at a fraction of the Debt!
GGTTH