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Old 21 Jun 2020, 17:10 (Ref:3983090)   #62
Mike Harte
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Join Date: Oct 2011
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Originally Posted by Peter Mallett View Post
Hmm, effectively there are no assets unless the creditors release them or the Security Agent is given court permission to sell. Complete circle jerk. Bye Bye McLaren...

Not according to the legal argument in the application put forward by McLaren's barristers; they claim that it amounts to between 20 and 25% of the group's total assets.

And a judge has granted an expedited hearing to take place; so round one to McLaren.
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