Club chairman Martin Broughton is back at the High Court to dispute Tom Hick's latest attempt to block the sale of the club to NESV by imposing a restraining order in Texas.
Ideally Judge Justice Floyd will rule that there is no case to answer for, the restraining order cannot be imposed and the sale can proceed. However, it is believed that he will refer matters over to the court in America.
A spokesman for Hicks denies rumours that the hedge fund Mill Financial have bought his shares.
RBS call Tom Hicks' petition order 'extraordinary' and the US court involved was unaware of the decision made in the High Court yesterday.
RBS claim the petition order is the 'most outrageous abuse of the process in defiance of the plain intentions of the court' and contains 'scurrilous accusations'
Peter Lim has withdrawn offer to buy Liverpool Football Club, claiming that he has not able to proceed with intention to acquire club after being ignored by the board.
Lim: "If current events cause circumstances to change my intention to buy the club remains. I extend my very best wishes to Liverpool Football Club, staff players and fans who really deserve better than this."
RBS reveal that last night's meeting was attended by H&G by telephone. They accused Broughton, Purslow and Ayre of an 'epic swindle' and 'rogue corporate directors and co-conspirators'.
Hicks and Gillett, in a court in Texas right now, are now claiming that last night's board meeting was in contempt of court.
RBS argue that an injunction granted in USA should not be allowed to take force when companies involved are all English.
Lord Grabiner describes H&G's actions as 'grotesque parody, preposterous, unfair, unjust. They are incorrigible'.
Liverpool board are looking for an order which lifts H&G's injunction and prevents them obtaining another anywhere other than in the UK.
Lord Grabiner for RBS says that Hicks and Gillett made no reference to damages claim during trial at High Court yesterda, so it's wrong that they should make a damages claim in Dallas.
NESV rep: 'We are now the owners. The old owners from beyond the grave are trying to exercise with their dead hands a grip of this company.'
Judge Justice Floyd has asked for a 'few minutes' to make a decision.
Judge Justice Floyd: 'It is plain that the owner's case in Texas had been in preparation for some considerable time'
Decision expected today but adjournment still a possibility.
Judge describes summary of High Court case in owner's petition to Dallas court as 'impoverished'
An anti-suit injunction has been granted.
Good news for RBS, good news for Liverpool FC, bad news for Hicks and Gillett.
Judge Justice Floyd: 'This case has nothing to do with Texas'
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