Insights from the UK and beyond
from Reuters Soccer Blog:
Here we go again. After another legal victory in the High Court for the Liverpool board and main creditor RBS, all eyes turn to Dallas, where a new hearing on the ownership battle is underway.
Wednesday's original ruling had, it seemed, paved the way for Liverpool to be sold for 300 million pounds ($479.8 million) to New England Sports Ventures (NESV) -- owners of the Boston Red Sox -- but that was before George Gillett and Tom Hicks obtained a temporary block in a Texas district court.
Lawyers for Royal Bank of Scotland went back before the same judge in London Thursday and he granted an injunction to restrain the Dallas court ruling, saying the case had no connection to Texas.
"The owners' behavior conclusively demonstrates just how incorrigible they are," he said. "They are absolutely determined to stop this transaction in its tracks and they have no lawful justification for behaving in this way."