So are you saying that HMRC would not challenge any future CVA as long as
the process was followed?

If so, what is your source for that information?

Not saying it is wrong, but as I said before, I have yet to see anyone
actually refute the claim that HMRC will take any future CVA all the way to
the high court.

Sorry, for clarification, when I say 'process' I really mean the whole basis
of the CVA, in other words creditors not all treated equally.  A better word
might have been 'validity'.

> -----Original Message-----
> From: [EMAIL PROTECTED] [mailto:leedslist-
> [EMAIL PROTECTED] On Behalf Of RickD
> Sent: 31 August 2007 15:53
> To: leedslist
> Subject: Re: [LU] LU: Taxman drops Leeds Utd legal challenge
> 
> ----- Original Message -----
> > 2. Try to understand this - the CVA is a flawed and illegal process
> as far
> as HMRC are concerned.  That is what they believe and that is what they
> want
> to test in court and will do so over and over again.  The CVA process
> can go
> hrough as cleanly as Snow White's knickers but the process itself is
> covered in cack, according to HMRC.  Can you not see the distinction?
> 
> Completely wrong
> 
> 
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