Gregory Ioannidis @LawTop20 With RFC ending, liabilities and sanctions [Court of Session, dual contracts etc] would also end. This is the main advantage of New Rangers.
Gregory Ioannidis @LawTop20 The 'transfer' of the OldCo's liabilities to the NewCo, would mean a serious violation of the separate corporate personality principle.
Gregory Ioannidis @LawTop20 @Paulmcc12 @evanjhenderson @mdkster Just to help: SPL may vote to apply sanctions to NewCo but it would be in violation of national law