#1 Charlie Blackmon Jersey by gsnoopy520 11.01.2019 07:26

carmaker Renault aims to complete its takeover of the Lotus Formula One team on December 16 and pay creditors Stan Musial Womens Jersey , including Britain's tax authorities, by the end of the year, the High Court heard Monday.


All parties in a protracted case brought against struggling Lotus by the Revenue and Customs authority over unpaid tax, with other creditors also -represented, agreed to a further adjournment to December 21.


"We are in a different territory now," a lawyer for the team told the court.


"You got away with it ... or rather Ozzie Smith Womens Jersey , it has been got away with," commented the judge, Mr Justice Birss, after hearing none of the creditors objected to the -adjournment that he said was clearly in the best interests of all parties.


The alternative would have been to put Lotus into administration.


Renault, currently an engine supplier to former world champions Red Bull, announced last week they would be returning to Formula One as a full constructor by taking a controlling stake in Lotus.


Lotus Authentic Dexter Fowler Jersey , formerly owned by Renault -before a race-fixing scandal broke in 2009, have limped to the finish line this season with current owners, Luxembourg--based Genii, injecting only enough cash to keep the team alive.


Bailiffs impounded their cars after the Belgian Grand Prix in August and the team were denied access to the paddock hospitality in Japan due to unpaid bills.


Lotus Chief Executive Matthew -Carter, who attended the hearing, said the remaining matters were merely procedural.


"It's the 16th for the SPA [share purchase agreement] and they [Renault] are agreeing to pay all the creditors by the 31st Authentic Matt Carpenter Jersey ," he told Reuters outside the courtroom.

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