JD Classics, what have they been up to?
Discussion
silentbrown said:
urquattroGus said:
New Home!? For them presubaly?
But its the same place in Maldon as JD presumably???
Seems not, if you read the article But its the same place in Maldon as JD presumably???
article said:
The 40,000-square-foot facility in Chelmsford, England—just northeast of London—isn’t larger than the firm’s previous workspace (located about 10 miles away), but it offered a blank canvas for the company to better arrange its departments and more efficiently use all of the available space.
I wish the best of luck to the new business and hope all the craftspeople are more secure (Covid aside) moving forward.
The Hood legal situation seems to have gone quiet - has he got away with it?
Doofus said:
jsf said:
Doofus said:
Thiat's kind of what this thread has been about for several months...
The new name didn't register.The statements about the company's success is a bit off really, as its the staff that won all that, not the new company under the new management.
It's a bit like me going to a new team and they suddenly tell everyone they have won the championships i have. That's what threw me. I guess that's marketing for you.
jsf said:
No problem.
The statements about the company's success is a bit off really, as its the staff that won all that, not the new company under the new management.
It's a bit like me going to a new team and they suddenly tell everyone they have won the championships i have. That's what threw me. I guess that's marketing for you.
Notice how they aren't claiming credit for everything the previous company got up to.... The statements about the company's success is a bit off really, as its the staff that won all that, not the new company under the new management.
It's a bit like me going to a new team and they suddenly tell everyone they have won the championships i have. That's what threw me. I guess that's marketing for you.
Damp Logs said:
How so?havoc said:
(Appreciate it's too late, but...) Wasn't the defence of 'fair comment' going to be enough? If you're not publishing anything knowingly incorrect (i.e. the only info has come from prior owners), then any threat is just bluster.
There is now no such thing as a defence of fair comment. Your knowledge of the law of defamation is several years out of date. In any event, passing on what was said by others would not have amounted to fair comment under the old law. trackdemon said:
Damp Logs said:
How so?They are airbrushing the past. This is a grand case of "the king is dead, long live the king" in my book. WM have taken over the JD sponsorship of the Revival, are in bed - sorry, partnership - with the Mille Miglia, and all this big money is working together to blow the currently deflated balloon back up again. and the case we thought completely put to bed, that of XKD 604, has reared its ugly head once more. But more on that one anon. I understand that Mr Tuke is eagerly awaiting the resumation of business so he can continue his pursuit of Mr Hood. I don't think the other case in the sum of over £60 million will go away either.
I suspect any remotely movable assets will though. That’s the problem with these cases, there is always more than enough time for investments to fail, gambling addictions to develop, divorces to occur and second hand car dealers know this as well as any corporate lawyer, banker or motorsport businessman.
IMHO the fact that Derek Hood was in the Sunday Times rich list was because they put a high value on his residual shareholding in JD Classics. Those share certificates are, of course, only useful for lighting the fire nowadays. His wife I believe owns the units in Malden, and what he is worth I have no idea.
lowdrag said:
IMHO the fact that Derek Hood was in the Sunday Times rich list was because they put a high value on his residual shareholding in JD Classics. Those share certificates are, of course, only useful for lighting the fire nowadays. His wife I believe owns the units in Malden, and what he is worth I have no idea.
Yup. He was in the rich list because like all the others he or his agent begged to be in it and as you say, he supplied the figures and they would have been based mostly in his equity holding which is now zero. Not sure it was posted before, there is an updated administrators report on Companies House from Oct 2019, on the "Filings" section.
I am not sure my link will work. Administration expenses estimated to total £6.5m, with a lot of litigation/disputes (litigation costs are on top, I think).
https://s3.eu-west-2.amazonaws.com/document-api-im...
I am not sure my link will work. Administration expenses estimated to total £6.5m, with a lot of litigation/disputes (litigation costs are on top, I think).
https://s3.eu-west-2.amazonaws.com/document-api-im...
jaisharma said:
Not sure it was posted before, there is an updated administrators report on Companies House from Oct 2019, on the "Filings" section.
I am not sure my link will work. Administration expenses estimated to total £6.5m, with a lot of litigation/disputes (litigation costs are on top, I think).
https://s3.eu-west-2.amazonaws.com/document-api-im...
The link does not work.I am not sure my link will work. Administration expenses estimated to total £6.5m, with a lot of litigation/disputes (litigation costs are on top, I think).
https://s3.eu-west-2.amazonaws.com/document-api-im...
Gassing Station | Classic Cars and Yesterday's Heroes | Top of Page | What's New | My Stuff