SBD/Closing Bell

FSG Blasts Request To Turn Over Liverpool-Related Documents

Fenway Sports Group, the owners of Liverpool and the Red Sox, in a court filing today blasted an effort to get it to turn over all documents related to its '10 purchase of the EPL club. Former LFC lender Mill Financial has been suing in New York state court another former club lender, RBS, arguing the Scottish bank prevented Mill itself from being able to buy the club. Earlier this month, Mill asked the New York court hearing the case to issue subpoenas compelling Fenway to turn over all documents related to the purchase.

“Neither … FSG nor the court should have to go through the time and expense required to pare down Mill’s blunderbuss requests so that they are limited even in the most tangential way to the contract disputes between two parties before this court,” Fenway attorney David Pegno of Dewey Pegno & Kramarsky wrote in the motion. The motion also pointed out Mill had never asked FSG for the documents. Mill was a lender to embattled Liverpool co-Owner George Gillett, who defaulted on his debt. That gave Mill his stake as collateral. Its position got wiped out in the sale to FSG.

The New York court set a hearing date of June 13 to hear arguments over Mill’s motions to get Fenway, and former Liverpool co-Owner Tom Hicks, to turn over documents related to the sale. A spokesperson for Hicks said he declines to comment.
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