Rich Energy drop Haas. No...Really. Seriously...

Rich Energy drop Haas. No...Really. Seriously...

Author
Discussion

IforB

9,840 posts

230 months

Wednesday 17th July 2019
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This is just getting more and more nuts.

It's like a soap opera but one where the writers are under orders to take as many drugs as possible.

FourWheelDrift

88,558 posts

285 months

Wednesday 17th July 2019
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Their website is complete bks anyway, doesn't have any information about it's staff. People in the legal business always like having their senior staff bio and photos on the webpages, it's to try and make them seem more human, there's no company bio, it's also displaying terms and conditions. No doubt started up (copied from other websites) by Storey or one of his friends and this whole charade is being played out to avoid paying what they owe to all parties.

They are trying to cover their eastern european money laundering scam up with as many new obscure obstacles as possible so that the money trail cannot be followed. Or so they think. Allegedly.

jas xjr

11,309 posts

240 months

Wednesday 17th July 2019
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thegreenhell said:
Good work smile

Tough crowd in here

cookie1600

2,127 posts

162 months

Wednesday 17th July 2019
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StephenP said:
Stupid question but I can't find BDG Group on Companies House
Oddly they may not be a limited company in themselves or could be under an entirely different name, as the apparent proprietor/head honcho looks to just parachute himself into the directors chairs of the company he 'takes over' and then works it all out from within:

https://beta.companieshouse.gov.uk/officers/fDapTD...

Note BDG are unlicensed and proud of it. Not sure what that means, but would you want an unlicensed heart surgeon or pilot in charge of your life, at the very hour you really need help?

StephenP

1,886 posts

211 months

Wednesday 17th July 2019
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cookie1600 said:
Oddly they may not be a limited company in themselves or could be under an entirely different name, as the apparent proprietor/head honcho looks to just parachute himself into the directors chairs of the company he 'takes over' and then works it all out from within:

https://beta.companieshouse.gov.uk/officers/fDapTD...

Note BDG are unlicensed and proud of it. Not sure what that means, but would you want an unlicensed heart surgeon or pilot in charge of your life, at the very hour you really need help?
True, the thought had crossed my mind. Considering there is a virtual office address company at the address on their website, maybe it's a one man band run from his home but with a fancy rented mailbox in London ....

andrewcliffe

975 posts

225 months

Wednesday 17th July 2019
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I think BDG is BusinessDebtGone - which seems to have a Capt. Kevin Morris as Head Honcho.

This Kell chap is probably the case officer at BDG handling a number of companies.

cookie1600

2,127 posts

162 months

Wednesday 17th July 2019
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StephenP said:
True, the thought had crossed my mind. Considering there is a virtual office address company at the address on their website, maybe it's a one man band run from his home but with a fancy rented mailbox in London ....
It would fit with the whole modus operandi of the key players in this unfolding drama. Nothing in writing, nothing in filing cabinets. Anyway tomorrow could be a big day in at least one courtroom if not two.

Lawyers getting Rich eh?

Mr_Thyroid

1,995 posts

228 months

Wednesday 17th July 2019
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It's strange how Guenther Steiner seems to escape criticism in this whole farce.

Driver behaviour and performance not good.
Car performance all over the place.
Sponsor relations terrible.

Is it because it's funny when he swears on the telly? And isn't a woman?

Vaud

50,614 posts

156 months

Wednesday 17th July 2019
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Mr_Thyroid said:
It's strange how Guenther Steiner seems to escape criticism in this whole farce.

Driver behaviour and performance not good.
Car performance all over the place.
Sponsor relations terrible.

Is it because it's funny when he swears on the telly? And isn't a woman?
Does he negotiate sponsor relations? Or is that done by Gene Haas and team?

GB4 JEV FFS

876 posts

68 months

Wednesday 17th July 2019
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Mr_Thyroid said:
And isn't a woman?
Why did you have to spoil this otherwise fine thread with some made up Marxist bks, WHY?

The Moose

22,867 posts

210 months

Wednesday 17th July 2019
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Mr_Thyroid said:
Driver behaviour and performance not good.
Car performance all over the place.
I think he is getting gyp over the above 2 points. But that's not really what this thread or discussion is about. I've certainly been a bit dissappointed about Haas' performance this year.

Mr_Thyroid said:
Sponsor relations terrible.
They're not a "normal" racing team so it doesn't really matter. Most teams rely on sponsorship to get from the start through the end of the season. Haas is different in that they don't need the money and have the budget to run the whole season without a title sponsor...because Haas (engineering company) is the title sponsor. That is what I believe allowed them to take a punt on the joker in the pack that Rich Energy were before the season kicked off.

I also suspect it wasn't Gunther's decision to take them on - I expect Gene Haas had the final call on the title sponsor position.

My guess is that they viewed it as having a budget of around £100 million for the year that they were underwriting. If they get £35 million (or whatever the number is) from Rich Energy as title sponsor then Gene doesn't have to dip into his pocket for quite so much money and yet still gets the same budget. If it all goes to pot, there's no loss.

From a PR point of view, it's more column inches being written featuring 'Haas' which can't be bad.

Remember Americans have a different view to negative press than English!

Steamer

13,866 posts

214 months

Wednesday 17th July 2019
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thegreenhell said:
rofl

Steady on fella, you'll be their creative director if you carry on like that.

Europa1

10,923 posts

189 months

Wednesday 17th July 2019
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cookie1600 said:
It would fit with the whole modus operandi of the key players in this unfolding drama. Nothing in writing, nothing in filing cabinets. Anyway tomorrow could be a big day in at least one courtroom if not two.

Lawyers getting Rich eh?
I'm assuming the last line is a gag rather than serious commentary. wink

Europa1

10,923 posts

189 months

Wednesday 17th July 2019
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StephenP said:
cookie1600 said:
Oddly they may not be a limited company in themselves or could be under an entirely different name, as the apparent proprietor/head honcho looks to just parachute himself into the directors chairs of the company he 'takes over' and then works it all out from within:

https://beta.companieshouse.gov.uk/officers/fDapTD...

Note BDG are unlicensed and proud of it. Not sure what that means, but would you want an unlicensed heart surgeon or pilot in charge of your life, at the very hour you really need help?
True, the thought had crossed my mind. Considering there is a virtual office address company at the address on their website, maybe it's a one man band run from his home but with a fancy rented mailbox in London ....
Indeed - they could be a sole trader, partnership or unincorporated association. But given what they do, none of those would be attractive as a legal structure to choose!

It could of course be that BDG is a trading name of some kind of limited liability vehicle - but that ought to be disclosed.

I'm not convinced their website is GDPR compliant.

anonymous-user

55 months

Wednesday 17th July 2019
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https://www.begbies-traynorgroup.com/news/insolven...

''However, only licensed insolvency practitioners are legally able to take insolvency appointments and manage corporate insolvency procedures from beginning to end.

In contrast, unlicensed insolvency advisers are only able to look at your circumstances and determine which third-party service providers might be best placed to deliver practical solutions to your problems.

So even in a best-case scenario, an unlicensed insolvency adviser will charge fees to connect you with licensed practitioners who you could have contacted directly as your first port of call.''

So it does sound like the act of an idiot. Reminds me of Lord Harley.


skwdenyer

16,536 posts

241 months

Wednesday 17th July 2019
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Thesprucegoose said:
https://www.begbies-traynorgroup.com/news/insolven...

''However, only licensed insolvency practitioners are legally able to take insolvency appointments and manage corporate insolvency procedures from beginning to end.

In contrast, unlicensed insolvency advisers are only able to look at your circumstances and determine which third-party service providers might be best placed to deliver practical solutions to your problems.

So even in a best-case scenario, an unlicensed insolvency adviser will charge fees to connect you with licensed practitioners who you could have contacted directly as your first port of call.''

So it does sound like the act of an idiot. Reminds me of Lord Harley.
They would say that, wouldn’t they? smile

You don’t need an insolvency practitioner to write to creditors, explain there’s no money, that trading has ceased, and that you’re going to transparently wind things down and pay what you can rather than give it all to the IPs. Followed no doubt by an application to strike off. In many cases that will be all that is needed, done dispassionately and professionally.

Jonnny

29,399 posts

190 months

Thursday 18th July 2019
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They've just tweeted that Redbull are taking Storey to court.. It thickens.

Eddy5

56 posts

283 months

Thursday 18th July 2019
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JonChalk

Original Poster:

6,469 posts

111 months

Thursday 18th July 2019
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Now, I imagine RBs lawyers probably play in a league above Haas's...

LaurasOtherHalf

21,429 posts

197 months

Thursday 18th July 2019
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When have RE infringed on RB’s trademarks?