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In memory of Karl Davis, founder of this board, who made his final journey 12th June 2007

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Topic Review
marymary100

[*] posted on 20-11-2012 at 21:56
Tweet from Herald journalist:

Bitter sweet night for #Rangers. Win big tax case. Celtic beaten by Benfica in ChampionsLeague. Still in Third Division.
marymary100

[*] posted on 20-11-2012 at 19:52
It's very complex. It means that pursuing a bankrupt company for unpaid tax is not worth the legal costs, probably. Whereas the outstanding loans would, I think, go back to the new company?
crikey

[*] posted on 20-11-2012 at 19:37
Did all those "borrowers" repay their "loans", I wonder? If not, where do they stand now? I know the old Rangers is kaput, but that can't mean those debts died with it - or does it?
marymary100

[*] posted on 20-11-2012 at 17:04
http://www.bbc.co.uk/news/uk-scotland-glasgow-west-20414804

Rangers wins tax case...