A High Court judge has thrown out the application for a judicial review made by SISU, owners of Coventry City FC against Coventry City Council.
Mr Justice Males ruled that the Council had acted properly after City decided to withhold its rental payerments to Arena Coventry Limited and through out the application made by Arvo Master Fund, Sky Blue Sports and Leisure Ltd and Coventry City Football Club (Holdings) Limited.
In a statement, an ACL spokesman said: “We note the announcement today that the High Court has dismissed the application by SISU to seek a judicial review of Coventry City Council’s decision to take over Yorkshire Bank’s loan to ACL.
"We are pleased to see that what we believe to be the correct judgement has been made in this unfortunate situation.
“Indeed, Mr Justice Males has made the reasons for his judgment very clear. We note, in particular, his reference to the withholding of lawfully owed rent by SISU as a means of exerting pressure on ACL in commercial negotiations, which had led to an unsatisfied judgment in the High Court in ACL’s favour.”
“We are also pleased that Mr Justice Males has included in his judgment the decision that ACL’s costs in relation to this dismissed case should be borne by SISU.”
More on this: http://www.coventrytelegraph.net/news/coventry-news/judge-throws-out-sky-blues-5667471?