Court Details Day 12 Farepak Directors trial – 15 June 2012

Chancery Division – Judges daily cause list

 

 

COURT 26

Before MR JUSTICE PETER SMITH

Friday, 15 June 2012

At 10 o’clock

GENERAL LIST

Part Heard

584 of 2011 In the matter of European Home Retail plc and in the matter of Farepak Food & Gifts Ltd

 

 

Farepak Food & Gifts £30,000 “giveaway”!!! You had to be “in it” to “win it”

This was the competition that Farepak Food & Gifts Limited ran the year they went into administration.  Unfairpak would be interested to hear if anyone ever did win a prize!

 

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Farepak Directors Trial Day 8 – 1 June 2012

Unfairpak unfortunately have nothing to report as to today’s proceedings.

Court went into recess today at 4.30 p.m. as it is the end of Term and it shall reconvene on Tuesday, 12 June 2012 at 10.30 a.m.

The Insolvency Service on behalf of the Secretary of State [Vince Cable] are still giving evidence and shall continue to do so on 12 June 2012.

Unfairpak have ascertained however, that the defendants have split into different groups due to the fact that although the Secretary of State is seeking to have them disqualified alleging “unfit conduct”, some defendants have more importance placed on them than others and accordingly face more serious allegations.  We cannot elaborate further at this stage.

Court Details Farepak directors Trial – Day 8, 1 June 2012`

 

IN THE HIGH COURT OF JUSTICE

 

CHANCERY DIVISION

 

 

COURT 26

Before MR JUSTICE PETER SMITH

Friday, 1 June 2012

At half past 10

GENERAL LIST

Part Heard

584 of 2011 In the matter of European Home Retail plc and in the matter of Farepak Food & Gifts Ltd

 

 

FAREPAK DIRECTORS TRIAL DAY 6 – 30 MAY 2012

Mrs Burns, for the Secretary of State, Insolvency Service finished giving evidence on behalf of said Secretary of State today and cross examination began by all defence counsels.  Mrs Burns had been giving evidence for 2 days on behalf of the Secretary of State and cross examination will continue again tomorrow, 31 May 2012.

Unfairpak would like to thank Simon Neville from the Guardian who took the time to go down to court today and see if he could report on same.  Unfortunately, due to the fact that Mrs Burns was beginning to be cross examined, Simon was not in possession of the evidence that had been heard over the last couple of days.  However, he did let us know that the defence were stating that the Insolvency Service were not offering any suggestions for what the directors should have done sooner.  Unfortunately, Mr Justice Peter Smith seemed to concur, stating “The Secretary of State [Vince Cable] wants me to disqualify these directors for doing too little too late……”.  “….. But you’ve given me nothing to suggest what they should have done differently”.  We at Unfairpak feel it is a little too early into the trial for the judge to be making such a statement but we have to concede that we have not heard whether Mrs Burns did offer up any suggestions as to what the directors should have done differently.  Judging on what Mr Justice Peter Smith has said, it appears she [Mrs Burns] offered nothing.

As we have already reported, the schedule is running behind.  We can confirm that witnesses that were supposed to give evidence today were told to come tomorrow and have now been told it will be changed to “sometime in the future”.

Unfairpak have always stated that this is a complex case and perhaps now people may begin to understand why it has taken so long to get to the stage it is currently at.  The trial is set down for 6 to 8 weeks but it may run longer.  We shall just have to wait and see.

There are two more days this week for evidence to be heard and then court will be closed for the holiday on Monday and Tuesday, 4th and 5th June respectively.

We shall, of course, keep you up to date with any further information we receive.