PPRuNe Forums - View Single Post - Bluestream Ceases trading?
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Old 25th Jan 2009, 10:21
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PPRuNe Towers
 
Join Date: Jan 1997
Location: UK
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I now have a copy of the judgement issued December 5th.

It comprehensively flattens John Matthews in each and every respect, judgement awarded against him as are costs and leave to appeal denied.

Judge Eyre further notes Matthews' testimony as being incomplete, lacking in details, vague and that, despite prompting, no records of substantial financial transactions has ever been kept.

Thus, what appears to be a phyrrric victory for the present management in the light of the company presently ceasing trading while substantial sums of money under claim in a secondary part of the judgement are stashed within the discrete vaults of the usual offshore banks

For clarity PPRuNe is having the lawyers waved at us from both sides of this sorry affair. JM is suggesting that legal actions continue in the civil courts and Bluestream have declared they will still resort to the courts and that their lawyers are monitoring PPRuNe.

This thread remains open and as long as you are careful it should be able to continue with the hope that posts are written with some consideration for the feelings of those looking at the loss of their job through no fault of their own.

Regards again,
Rob
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