stoff
Trevor Allan (34)
I am really confused right now as to how the Rebels are operating.
It’s been reported we handed the licence back to RA, so I assume this means that MRRU can’t be the vehicle which the team is playing under. This is supported by the liquidation extensions. If a report was due to be handed down on two weeks recommending liquidation that would mean the organisation stops running. I’m assuming that the team is operating fully under RA. I assume there is some deal done around the IP to allow them to play as the Melbourne Rebels, use the logo etc.
The directors action against RA seems to be directed to getting up a DOCA to get the Rebels out of insolvency. It helps the directors but not the club unless they think they can get the licence back. I expect that $8m action will be accompanied by another claim to get the licence back and a further claim against RA for bad conduct in withholding payments from the Rebels. It’s going to be big, nasty and drawn-out, however if it does succeed will see the Rebels continue.
It’s been reported we handed the licence back to RA, so I assume this means that MRRU can’t be the vehicle which the team is playing under. This is supported by the liquidation extensions. If a report was due to be handed down on two weeks recommending liquidation that would mean the organisation stops running. I’m assuming that the team is operating fully under RA. I assume there is some deal done around the IP to allow them to play as the Melbourne Rebels, use the logo etc.
The directors action against RA seems to be directed to getting up a DOCA to get the Rebels out of insolvency. It helps the directors but not the club unless they think they can get the licence back. I expect that $8m action will be accompanied by another claim to get the licence back and a further claim against RA for bad conduct in withholding payments from the Rebels. It’s going to be big, nasty and drawn-out, however if it does succeed will see the Rebels continue.