Supreme Court rules against the McCanns in damages case.

[G-Unit]

I would have assumed that the interest on the money that Amaral accrued from the lucrative vehicle of Madeleine McCann's case both as an author and pundit, will be sitting safely in the bank alongside the capital and therefore will not feature.

Following the first judgement the McCanns were awarded Euro 500k plus Euro 106k interest, both due from Amaral, according to the UK press. Why would it not work the other way?

[G-Unit]

No doubt we will know more when the entire judgement is published along with who pays what.

Likewise, what happens if they are not entitled to use the fund ?

Will there be a judgement if it was thrown out? The Appeal Court judgement will become the final one then, won't it?
That's what happened when the Supreme Court threw their last appeal out.

[stephen25000]

Will there be a judgement if it was thrown out? The Appeal Court judgement will become the final one then, won't it?
That's what happened when the Supreme Court threw their last appeal out.

I should have said what was decided in the Appeal Court.

[Mr Gray]

No doubt we will know more when the entire judgement is published along with who pays what.

Likewise, what happens if they are not entitled to use the fund ?

Depends on the costs involved
May choose not to use the fund
Depends how much they have
May declare bankruptcy
Wait one year then write million pound book
As I said it will be interesting what happens next

[Brietta]

No doubt we will know more when the entire judgement is published along with who pays what.

Likewise, what happens if they are not entitled to use the fund ?

Don't know if it will be any clearer when the judgement is published, I'm guessing the mechanics of that will be worked out elsewhere over a period.
Also, I'm none too sure exactly what will be laid out in the judgement despite leaks.  Just need to be patient and wait till later today? or tomorrow.

If Madeleine's fund is not available to help them out no doubt, being intelligent people, they will have had a contingency plan in place for some time.

[misty]

BBC Series 3 of "The Missing" would be a Blockbuster based on Madeleine's story, or a movie.

[jassi]

Depends on the costs involved
May choose not to use the fund
Depends how much they have
May declare bankruptcy
Wait one year then write million pound book
As I said it will be interesting what happens next

As it will be the State of Portugal that the money would be owed to, do you think that an option they would wish to make?
Could non-payment  lead to them being refused entry to the country?

[Mr Gray]

As it will be the State of Portugal that the money would be owed to, do you think that an option they would wish to make?
Could non-payment  lead to them being refused entry to the country?

Still a civil debt
Thousands go bankrupt owing the state tax
Still just speculation
If it's reasonable and they can pay it they will

[stephen25000]

Depends on the costs involved
May choose not to use the fund
Depends how much they have
May declare bankruptcy
Wait one year then write million pound book
As I said it will be interesting what happens next

Million Pound book ?

IMHO.

No chance at all.

[Alice Purjorick]

No doubt we will know more when the entire judgement is published along with who pays what.

Likewise, what happens if they are not entitled to use the fund ?

If "The Fund" issued the writ,i.e it's name is on the writ not if it typed it up put it in an envelope and stuck it in a pillar box, then "The Fund" pays. Otherwise as directors the McCanns acn take the money out of the fund and use it either as a directors loan which has to  be paid back or as income which then attracts the attention of The Revenuers.
The copy of the relevant bits of the writ from The Sun and bandied about on here showed the McCanns names.

[Brietta]

BBC Series 3 of "The Missing" would be a Blockbuster based on Madeleine's story, or a movie.

Agreed ... although bearing in mind that Kate is a best selling author who possibly keeps a journal ... I was thinking more along the lines of a book aimed at the Portuguese market ... along the lines of utilising the device of 'fictional detectives'.

[stephen25000]

If "The Fund" issued the writ,i.e it's name is on the writ not if it typed it up put it in an envelope and stuck it in a pillar box, then "The Fund" pays. Otherwise as directors the McCanns acn take the money out of the fund and use it either as a directors loan which has to  be paid back or as income which then attracts the attention of The Revenuers.
The copy of the relevant bits of the writ from The Sun and bandied about on here showed the McCanns names.

Thanks for that.

[Mr Gray]

If "The Fund" issued the writ,i.e it's name is on the writ not if it typed it up put it in an envelope and stuck it in a pillar box, then "The Fund" pays. Otherwise as directors the McCanns acn take the money out of the fund and use it either as a directors loan which has to  be paid back or as income which then attracts the attention of The Revenuers.
The copy of the relevant bits of the writ from The Sun and bandied about on here showed the McCanns names.

I asked this question yesterday
Gunit said it was the McCanns personally

[Alice Purjorick]

I asked this question yesterday
Gunit said it was the McCanns personally

That's what I said if you read it properly.
I also posted on the topic at least twice previously since the Appeal Court Ruling drawing attention to the tax liablity.

[jassi]

No doubt they will need to be consulting with more than just their lawyers.