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Phoenix Ownership - Rob says FTFFA (Part 1)

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Posted September 13, 2011 01:38 · last edited March 18, 2021 07:33

The FFA's requirement for a bond of $2m isn't new, it was reported at least 5 days ago by the ODT:
 
ODT on 8 September wrote:

It is understood the FFA is set to tell Serepisos his licence will be revoked unless he meets certain conditions before his next court appearance later this month.

One will, be having a bond in the bank, believed to be in the vicinity of $2m.

The ODT reported the deadline as being before his next court appearance, which would make sense as he would have had to strike a deal with his creditors by then (or not). The NBR is now claiming the deadline is actually September 19 which is before the planned date for the creditors meeting (September 23) and his next court date (September 26). Seems strange.
 
terminator_x2011-09-13 14:55:43

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Unknown editor edited March 18, 2021 07:33

The FFA's requirement for a bond of $2m isn't new, it was reported at least 5 days ago by the ODT:

 
ODT on 8 September wrote:

It is understood the FFA is set to tell Serepisos his licence will be revoked unless he meets certain conditions before his next court appearance later this month.

One will, be having a bond in the bank, believed to be in the vicinity of $2m.

The ODT reported the deadline as being before his next court appearance, which would make sense as he would have had to strike a deal with his creditors by then (or not). The NBR is now claiming the deadline is actually September 19 which is before the planned date for the creditors meeting (September 23) and his next court date (September 26). Seems strange.
 
terminator_x2011-09-13 14:55:43