Melbourne Rebels 2025 and beyond...
- Thread starter oztimmay
- Start date
For those following the legal case, orders relating to the case can be found here: https://comcourts.gov.au/file/FEDERAL/P/VID1059/2024/order_list#;javascript:void(0);
Adam84
John Eales (66)
Yeah the only people who stand to benefit anything from this are the former rebels directors who are currently personally liable to the ATO for debts incurred whilst acting as director’s overseeing the Rebels losses.
it’s not a case for bringing the rebels back, it’s a case to relieve individuals of debt…
it’s not a case for bringing the rebels back, it’s a case to relieve individuals of debt…
stoff
Trevor Allan (34)
My experience is that seeking security for costs is a standard move when dealing with entities that are subject to insolvency, a DOCA, etc.
Looks like they found the right part of PEP to subpoena for information. Enter PEP Capital Solutions Advisory Services to the conversation...
If I'm reading correctly, the PEP CSAS business is busily responding to the subpoena, update on 5 March.
Deloitte SRT lawyers now going through the inspections/review process.
If I'm reading correctly, the PEP CSAS business is busily responding to the subpoena, update on 5 March.
Deloitte SRT lawyers now going through the inspections/review process.
Mick The Munch
Bill McLean (32)
What does this mean?
Strewthcobber
David Codey (61)
Just a bit of back and forth around discovery.
Mediation is due by 13 June 2025. Unlikely to be much happening publicly before then
Mediation is due by 13 June 2025. Unlikely to be much happening publicly before then
Also means they're finding the right companies to supoena information from, which should help the legal case for MRRU
SC is right - won't be much in the public domain until mediation occurs. Unless they wish negotiate a settlement prior to the Lions tour. Can't imagine this is a good look prior to a major incoming series.
What is also significant - RA haven't lodged a counter claim yet, as they foreshadowed back when the MRRU case was made public. I can't see any subpoenas for information from MRRU directors.
SC is right - won't be much in the public domain until mediation occurs. Unless they wish negotiate a settlement prior to the Lions tour. Can't imagine this is a good look prior to a major incoming series.
What is also significant - RA haven't lodged a counter claim yet, as they foreshadowed back when the MRRU case was made public. I can't see any subpoenas for information from MRRU directors.
5 March update - Pacific Equity Partners (PEP) Capital solutions have submitted requested documented under subpoena. Both parties will inspect and report back for a hearing on 12 March.
Looks like they've found the right part of PEP for documents. Should be a fun week of reading for the MRRU Lawyers.
Also noteworthy was the absence of RA lawyers at the hearing. Is this typically a normal occurrence to ghost this type of hearing (fairly procedural by the looks of things).
Edit: with link to court orders: https://comcourts.gov.au/file/Federal/P/VID1059/2024/3995751/event/32155042/document/2449450
Looks like they've found the right part of PEP for documents. Should be a fun week of reading for the MRRU Lawyers.
Also noteworthy was the absence of RA lawyers at the hearing. Is this typically a normal occurrence to ghost this type of hearing (fairly procedural by the looks of things).
Edit: with link to court orders: https://comcourts.gov.au/file/Federal/P/VID1059/2024/3995751/event/32155042/document/2449450
Mick The Munch
Bill McLean (32)
What do you speculate MRRU are looking for here?
Strewthcobber
David Codey (61)
What SC said. Probably other things too, al to support a narrative of unconscionable conduct. Might explain why it's been hard to the find the right PEP company. Feels like a bit of a shell game.
Interested to understand Deloitte SRT role in all this. Their brochureware website indicates work on "End-to-end advisory solutions by Deloitte member firms help unlock and preserve value in mergers and acquisitions, restructuring, investigations and disputes". Whether that's pre or post voluntary administration, I dunno.
Mick The Munch
Bill McLean (32)
Thanks both - will grab the popcorn
Strewthcobber
David Codey (61)
Deloitte were hired in January to advise RA on their own restruture. When RA took on the Rebels license after the Rebels declared insolvency and lost the Super Rugby licence, RA had to make a bunch of their own staff redundant (as well as work out the player strategy eg all of those Tahs who were let go to make room for the contracted Rebels players)