Club 328 in trouble????
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"I wonder if that could be described as an asset to be got rid of before somebody happens along and impounds it for payment to creditors"
Could be if it was owned by CLUB328! however it's owned by Mitre aviation.. You can't seize assests from another company even if it is owned by the same person... Make of that what you will!!
Could be if it was owned by CLUB328! however it's owned by Mitre aviation.. You can't seize assests from another company even if it is owned by the same person... Make of that what you will!!
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I can't go to the meeting in Brighton but I would really like to contact Elaine Young as I have some information that I think would aid her case. Does anyone know how I could contact her?
By the way, I agree with Hasher - PC is last in the line. He's not the big fish in all this.
By the way, I agree with Hasher - PC is last in the line. He's not the big fish in all this.
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Elaine Young Contact
All info for assistance to help Elaine to nail PC should be sent to [email protected] by Thursday
Just so there is no misunderstanding with Club 328. PC bought the company out for a pound with very little debt this had previousley been written off by the group 328 belonged to when they put it into administration. The only reason Club 328 hit the rails is because PCs business plans (4) did not work and the investors in the city lost all confidence in him and his ideas. I knew and worked with the last two CEOs and they both worked bloody hard to make it work. MF was working hard to make it work whilst suffering from cancer and chaired a management meeting just 4 days prior to his death. EY battered her head against a brick wall trying to make PC understand his errors but to no avail. Some honest mistakes were made during this time but then who doesnt?
Just so there is no misunderstanding with Club 328. PC bought the company out for a pound with very little debt this had previousley been written off by the group 328 belonged to when they put it into administration. The only reason Club 328 hit the rails is because PCs business plans (4) did not work and the investors in the city lost all confidence in him and his ideas. I knew and worked with the last two CEOs and they both worked bloody hard to make it work. MF was working hard to make it work whilst suffering from cancer and chaired a management meeting just 4 days prior to his death. EY battered her head against a brick wall trying to make PC understand his errors but to no avail. Some honest mistakes were made during this time but then who doesnt?
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Sorry crosswind I dont know who SS is however the Ground Ops Managers have been KM prior to him it was KP prior to her it was MP and before her MB. The Flight Ops Managers going back were BG, AH, and GM. PM me for further elaboration
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Think that email address should read [email protected]
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"Just so there is no misunderstanding with Club 328. PC bought the company out for a pound with very little debt ....... "
So he bought a perfectly healthy business with "very little debt" for a quid.
Tell me where he goes shopping 'cos I want one too.
So he bought a perfectly healthy business with "very little debt" for a quid.
Tell me where he goes shopping 'cos I want one too.
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Can I suggest you go to Biggin Hill and wait outside hangar 526 with a shiny pound in your hand. Wait until a guy with no hair and a delirious look on his face comes by and offer him a quid for his company. The only difference with when it went for a quid last time is that now there are no staff
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Hello??? Is this the first aviation business to go tits up???
And??? Is there another side to this story???
I would not like to put my name to some of the statements here. the word LIBEL comes to mind. How To Sue Someone for Internet Libel | eHow.com
I am also supprised that the moderators have not locked this one down.
Anyway wot wud a chick like me know
Dawn
And??? Is there another side to this story???
I would not like to put my name to some of the statements here. the word LIBEL comes to mind. How To Sue Someone for Internet Libel | eHow.com
I am also supprised that the moderators have not locked this one down.
Anyway wot wud a chick like me know
Dawn
Last edited by DawnB; 10th Jul 2008 at 17:24.
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What would you know? Well clearly you've not bothered to read your own link and/or have no knowledge of the subject matter.
Here's a hint from your own link...
Going by that any attempt at sueing for libel would fall at the first fence but then, wot wud (sic) I know?
Here's a hint from your own link...
In order for someone to sue you for libel, the published statement(s) must first of all be known to be false
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Truth
OK, very simple really. Yes I am one of those ex-employees. My name is Tom Pike and my only grievance is working hard as a pilot for Paul and then not being paid for work already carried out. Plus, when a company can't pay its staff it needs to be closed quickly in a professional manor so that those staff can move on with P45s and the like without having to guess at where they stand legally with regards looking for new work. All I know is I didn't get money that I worked for and that makes me pi**ed off, so I guess I join the end of a long queue by the sounds of it considering this companies truly complicated financial past.
That's all.
T.
That's all.
T.
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Ex employee grudg
As another unpaid employee, my only grudge with the regime is not being paid for my hard work. In my view, all of the staff were acting professionally through a very torrid time and attempting to keep the airline going.
All I want is to get some written confirmation that Club328 has gone and my P45 so that I can officially move on......
All I want is to get some written confirmation that Club328 has gone and my P45 so that I can officially move on......
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Originally Posted by Speedyflyer
Thank God there is someone looking at the forum that is not just another ex employee with a grudge or pilot with a chip. Sounds like a lot of sour grapes on this forum. Club 328 has gone bust. So have hundreds of other airlines recently in this credit crunch, - read the newspapers for a reality check....
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Hi to all.
My name is Paul Turner.
I have never worked for Club 328, Corporate Jet Services, Quest Aviation Services, Euromanx, 328 Gmbh or J.E.T.S.
The actual amount CJS went down owing the Bank was £113 million on 26th September 2007. This figure is taken from the Price Waterhouse Coopers Administrator's Report issued on 19th December 2007 and lodged at Companies House.
My interest in all this is as a related party to the 'Rogue Banker', employed by the Bank, who went on 'sick leave' in March 2007 and was subsequently sacked.
Since he went, we have uncovered losses to the Bank of at least £300 million across 6 companies. These figures also come from Companies House.
The 'Rogue Banker' looked after 200 + accounts and he was our Bank Manager.
The Consultancy Firm he made his customers use "managed" up to 40 companies at any one time, put with them by the Banker, a total of 120 companies over 4+ years.
The main man at the Consultancy Firm was the controlling party at CJS and, yes, he and the 'Rogue Banker' used CJS planes to go on "jollies" to Barbados, Las Vegas etc.
The Bank denies they did anything wrong and have done since we first made them aware at the very highest level (Board) of our knowledge in late August 2007, prior to the demise of CJS, the MBO that followed and the situation which appears to have given so many on here this grief.
However, inquiries reveal that the Bank put certain persons into these companies whose history shows they misappropriated substantial monies from a Plc in 1991 and got sacked and made to repay the monies (£1.45 million in 1991). It is prescribed as "unauthorised personal expenditure and income".
We hope to receive the original report of the investigation by the Auditors in the near future.
The whole scam is likely to have cost the Bank at least £500 million as a very conservative estimate - we actually believe it is over a billion.
The Bank told the Evening Standard the Banker now works for a German Bank.
This has all been in the press so it is not libelous - it is fact. Not that articles printed in the press are necessarily correct but the statements have never been refuted by the Bank despite the request for comment from them.
Should anyone want more detail (including the moderator who has previously taken a post of mine down), please feel free to PM me.
I have absolutley nothing to hide but I do have a huge amount of substantiating paperwork derived in the main from public records.
Should anyone on this great Forum have information they feel is relevant, I'm all ears.
Best,
Paul
My name is Paul Turner.
I have never worked for Club 328, Corporate Jet Services, Quest Aviation Services, Euromanx, 328 Gmbh or J.E.T.S.
The actual amount CJS went down owing the Bank was £113 million on 26th September 2007. This figure is taken from the Price Waterhouse Coopers Administrator's Report issued on 19th December 2007 and lodged at Companies House.
My interest in all this is as a related party to the 'Rogue Banker', employed by the Bank, who went on 'sick leave' in March 2007 and was subsequently sacked.
Since he went, we have uncovered losses to the Bank of at least £300 million across 6 companies. These figures also come from Companies House.
The 'Rogue Banker' looked after 200 + accounts and he was our Bank Manager.
The Consultancy Firm he made his customers use "managed" up to 40 companies at any one time, put with them by the Banker, a total of 120 companies over 4+ years.
The main man at the Consultancy Firm was the controlling party at CJS and, yes, he and the 'Rogue Banker' used CJS planes to go on "jollies" to Barbados, Las Vegas etc.
The Bank denies they did anything wrong and have done since we first made them aware at the very highest level (Board) of our knowledge in late August 2007, prior to the demise of CJS, the MBO that followed and the situation which appears to have given so many on here this grief.
However, inquiries reveal that the Bank put certain persons into these companies whose history shows they misappropriated substantial monies from a Plc in 1991 and got sacked and made to repay the monies (£1.45 million in 1991). It is prescribed as "unauthorised personal expenditure and income".
We hope to receive the original report of the investigation by the Auditors in the near future.
The whole scam is likely to have cost the Bank at least £500 million as a very conservative estimate - we actually believe it is over a billion.
The Bank told the Evening Standard the Banker now works for a German Bank.
This has all been in the press so it is not libelous - it is fact. Not that articles printed in the press are necessarily correct but the statements have never been refuted by the Bank despite the request for comment from them.
Should anyone want more detail (including the moderator who has previously taken a post of mine down), please feel free to PM me.
I have absolutley nothing to hide but I do have a huge amount of substantiating paperwork derived in the main from public records.
Should anyone on this great Forum have information they feel is relevant, I'm all ears.
Best,
Paul
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Originally Posted by Paulzenith
... the moderator who has previously taken a post of mine down...
Your only other post on this thread is #137 which as far as I can see is still there. I have certainly not deleted any of your posts.
Duck
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Going, going, gone
EY's petition to wind up the company was heard this afternoon at Brighton County Court. PC had said he was going to oppose it, but didn't turn up. The judge approved the petition and Official Receivers should be appointed within a week.
Hopefully this will start to draw a line under this whole sorry business.
Hopefully this will start to draw a line under this whole sorry business.
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going going...not quite
Thats great news Gas Main. There are however a few further issues with PC that Im sure the liquidator will need to track down. Hidden assets, transferred assets and suchlike. I got a message from an ex employee this morning who is now considering with others to take action against PC personally. Once they have him in a court I guess that will for them signify the end. Of course on a lighter note the demise of Club 328 in the courts yesterday will now allow the CAA to take the AOC out of suspension and permanantly revoke it. I look forward to a retort from speedyflyer!!