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Shoot me a link, I only saw yours.Handsome fellow though.
I don't remember ever seeing any Camperdown dairy products sold anywhere.
I get where your coming from, however sponsors can be extremely difficult to find. Imo your being a bit harsh on Swann. I don't feel the Lions brand has been devalued at all. Our brand is exiting football & I believe that is still intact.Honestly, Swann should be held at blame here. It's one thing that he devalued the Brisbane brand by associating ourselves with a sponsor like that, but to enter into an agreement with a start up company predicated on an unsuccessful, and otherwise, shady business premise only says volumes about his inability to make effective decisions.
Oh Swanny's alright I guess.Handsome fellow though.
We were very far down the line with a major brand which fell over late, they were our main priority before we did the due diligence with SOOW.I get where your coming from, however sponsors can be extremely difficult to find. Imo your being a bit harsh on Swann. I don't feel the Lions brand has been devalued at all. Our brand is exiting football & I believe that is still intact.
Courier Mail reporting we are set to sue SOOW.
Courier Mail reporting we are set to sue SOOW.
It will probably cost the Club more in legal fees than any payout received, if any!If they have gone bankrupt or whatever then how would we get any money when they don't have any money to run their business...
It will probably cost the Club more in legal fees than any payout received, if any!
No Win, No Fee?Maybe, maybe not. I’m sure this has been considered.
If they have gone bankrupt or whatever then how would we get any money when they don't have any money to run their business...
The answer to this I learnt in Business Law class. If the Brisbane Lions are successful, and SOOW doesn't have the funds for compensation, the money will come from some compensation fund somewhere, can't remember where. But the compensation will be paid to the plaintiff if they are successful even if the defendant has insufficient funds.
EDIT: I just remembered, for example it's a car accident and the party at fault must pay $x compensation but has nowhere near enough, then the TAC will pay the plaintiff from their compensation fund.
What compensation fund covers tech start ups?The answer to this I learnt in Business Law class. If the Brisbane Lions are successful, and SOOW doesn't have the funds for compensation, the money will come from some compensation fund somewhere, can't remember where. But the compensation will be paid to the plaintiff if they are successful even if the defendant has insufficient funds.
EDIT: I just remembered, for example it's a car accident and the party at fault must pay $x compensation but has nowhere near enough, then the TAC will pay the plaintiff from their compensation fund.
Could the Lions sue the founders of soow. From earlier discussions here, they’re pretty well off.I'm not a practicing lawyer (have the degree but have pursued a different career) but I'm certain this isn't true for commercial litigation - if you win a case then the court may make a costs order for payment of legal fees against the other party in addition to the damages (you may not get all of your costs covered though). However if the other party is insolvent you still have to pay your lawyers and there is no compo fund that will do it for you.
Compensation funds have been set up by legislation in some jurisdictions for some motor vehicle accident issues but that is specific to car accidents.
If SOOW is insolvent/on the verge of bankruptcy then claims against the company are pretty pointless. Not knowing the circumstances or grounds for other possible actions I don't know whether us commencing an action is necessarily a good/bad idea. We may only be at the stage of engaging lawyers to send letters of demand to SOOW rather than commencing litigation just yet.
Could the Lions sue the founders of soow. From earlier discussions here, they’re pretty well off.
Could the Lions sue the founders of soow. From earlier discussions here, they’re pretty well off.
Depends how strong their litigation shield is. Hopefully not strong enough to insulate them individually from the company.
That's a very specific case, there's a lot of protections for people who are injured in motor accidents. That is just for motor accidents, though, it's not a general case that A Fund Exists.The answer to this I learnt in Business Law class. If the Brisbane Lions are successful, and SOOW doesn't have the funds for compensation, the money will come from some compensation fund somewhere, can't remember where. But the compensation will be paid to the plaintiff if they are successful even if the defendant has insufficient funds.
EDIT: I just remembered, for example it's a car accident and the party at fault must pay $x compensation but has nowhere near enough, then the TAC will pay the plaintiff from their compensation fund.