Graham Clark wrote:bandwagon wrote: Sorry, but can someone bring me up to speed on how any deal with Lombard effects the 7 muthers!!
It doesn't. It is understood he Lombard personal guarantees are in favour of the three original Board members - Stapleton, Wrathall and Dennerly. The proposed virtual full payment of the secured creditor debt owed to Lombard by Heaney would have meant those personal guarantees would probably not have been called upon. Hence, the suspicion of the Heaney - Stapleton link.