Latest news with #Sandison
Scottish Sun
10 hours ago
- Business
- Scottish Sun
Rangers finally ‘settle' long-running £2m lawsuit but judge isn't happy
Click to share on X/Twitter (Opens in new window) Click to share on Facebook (Opens in new window) RANGERS and a finance firm tasked with developing a fans pre-payment card have agreed to 'settle' a 'costly' lawsuit, a court has heard. Lawyers for the Ibrox side and Reputation Exchange PLC told judge Lord Sandison at the Court of Session today that they have reached an agreement in the action 'in principle". Sign up for the Rangers newsletter Sign up 3 An external view of Ibrox stadium Credit: Getty 3 Lawyers for the Gers were back in court today Credit: PA But Lord Sandison expressed concern about the state of the settlement agreement. He said that he wasn't content to end the action at the close of Friday's hearing because of the lack of detail provided to the court. He said that unless parties could finalise the details of the agreement, they would be expected to come to court to participate in a proof - the Scottish legal term used to describe the main hearing in civil cases - next month. It was the latest hearing in an action brought by Reputation Exchange PLC who are seeking to recover undisclosed but 'significative compensation' from the Glasgow club. The company, known as REPX, believes the Gers owe it money over an aborted agreement between the two sides. Lord Sandison told the two advocates: 'I'm not asking you in any way to disclose the terms of the settlement agreement. 'But let us hypothesise that it might be that one party is going to pay some money to the other party. 'What's going to happen to the agreement - I pose this question rhetorically - if that money is not paid on the day that it is supposed to be paid? 'Is there a settlement or is there not? If there is then there is no need to postpone the disposal of this action until implement because you have got a a binding agreement - which you can just come right back to court and say 'here's a binding agreement: it hasn't been performed, we want it to be performed.' 'I can assure you that in sort of situation the court rapidly expedites the disposal of such actions.' Rangers hero Ally McCoist lands massive double bed and tells roommate 'it'll be interesting when Gabby Logan gets here' Lord Sandison also said that if the matter was settled today then the dates allocated by the court to the two sides could have been allocated to another party who is taking a legal action. He added: 'I think it's very common knowledge that I don't discharge diets - substantive diets - on the promise of a settlement one day.' He urged the two sides to finalise the agreement. He added 'I've hoped I've made it perfectly clear. I can't imagine that I haven't. Either this action settles before the start of the proof diet or it proceeds on the proof diet - loud and clear?' The proof is scheduled to be heard at the Court of Session between July 8 and July 11 2025. REPX claims Rangers wanted it to develop a 'customised payment card' which would have allowed fans to buy products associated with it. However, the business claims that Rangers stopped the card from coming into operation. It says it was provided with legal advice from 'Scottish legal counsel' saying the club breached an agreement. The firm also claims that the alleged breach means it is entitled to compensation - it says that it invested a large amount of its own money into developing the card and it should be compensated for the sum it spent. On Friday, Rangers's lawyer Timothy Young told Lord Sandison of the latest development in the case. 3 A general view of the Ibrox pitch Credit: PA The court had earlier heard from REPX'S advocate Ross Anderson who said that the agreement between the two sides still needed to be finalised. Mr Young said: 'I would echo what Mr Anderson has said about parties having reached an agreement in principle subject to entering into the settlement agreement. 'As my learned friend indicated - it's not so much that the agreement hasn't been reached. It's simply that implementation of that agreement will take some time." According REPX's website, the firm describes itself as being a 'fintech company' that is 'disrupting' traditional banking. It states: 'REPX is creating for celebrities, influencers, sport teams, brands, iconic cities, the opportunity to monetize their fans base with unique co-branded prepaid cards, debit cards, and patented digital products catered to their loyal legions of followers and fans.' It started working with Rangers to design a prepaid card after making similar products for Italian sides AC Milan and Torino. In the firm's strategic report for the year ending December 31 2023, the company talks of initiating a legal action against a football club which it doesn't name. The report states: 'The company initiated legal action against a football club to recover the advance paid to acquire the right to issue branded prepaid cards, as well as to recover the loss of profit and/or cost of investments made to develop an app customized to the wishes of the club itself. 'Below are some key extracts from the letter sent by our lawyers to the other side, anticipating that proceedings will be commenced against the football club without further delay should it not be possible to resolve the claims in early course "Our Client has also had the benefit of advice from senior counsel on Clause 12 of the contract. 'Our Client (REPX) has suffered significant losses as a result of your client's breaches of contract. Our Client maintains claims against Your Client under the following heads.' It states the failed scheme created losses of £1.5million on top of £500,000 in 'aborted costs' including design work. They say this is on top of further £120,000 in cash they had paid the club as part of an agreement to launch the card in August 2023 before the plan was shelved. Bosses are also claiming a further £20,000 for 'costs and wasted management time'. In a letter sent to the council of the Cyprus Stock Exchange on December 27 2024, REPX directors state that 'the company has started a costly lawsuit against the Scottish club Rangers FC who had a customised payment card created to their specifications.' It further states: 'REPX invested several hundred thousand GBP in technology and one year of development) and then effectively blocked the issuance of the card on instrumental grounds that even the Scottish Legal Counsel (which carries significant weight in Scotland) who provided us with the prior legal advice to start the legal process dismissed as unfounded. 'In fact the Scottish Legal Counsel invited us to assert our right to a substantial refund of the amount invested on the basis of the Scottish club's claims. "We believe we should be entitled to receive a significative compensation.' On Friday, Mr Anderson said: 'The parties have reached a commercial settlement.' Keep up to date with ALL the latest news and transfers at the Scottish Sun football page
The Herald Scotland
10 hours ago
- Business
- The Herald Scotland
Rangers reach settlement over 'costly' fans pre-payment card lawsuit
The news emerged during proceedings at the Court of Session on Friday. It is the latest hearing in an action brought by Reputation Exchange PLC who are seeking to recover undisclosed but 'significative compensation' from the Glasgow club. The company, known as REPX believes Rangers owe it money over an aborted agreement between the two sides. REPX says Rangers wanted it to develop a 'customised payment card' which would have allowed fans to buy products associated with it. However, the business claims that Rangers stopped the card from coming into operation. It says it was provided with legal advice from 'Scottish legal counsel' saying the club breached an agreement. The firm also claims that the alleged breach means it is entitled to compensation - it says that it invested a large amount of its own money into developing the card and it should be compensated for the sum it spent. The gates at Ibrox Stadium (Image: SNS Group) On Friday, Rangers's lawyer Timothy Young told Lord Sandison of the latest development in the case. The court had earlier heard from REPX'S advocate Ross Anderson who said that the agreement between the two sides still needed to be finalised. Mr Young said: 'I would echo what Mr Anderson has said about parties having reached an agreement in principle subject to entering into the settlement agreement. 'As my learned friend indicated - it's not so much that the agreement hasn't been reached. It's simply that implementation of that agreement will take some time. According REPX's website, the firm describes itself as being a 'fintech company' that is 'disrupting' traditional banking. It states: 'REPX is creating for celebrities, influencers, sport teams, brands, iconic cities, the opportunity to monetize their fans base with unique co-branded prepaid cards, debit cards, and patented digital products catered to their loyal legions of followers and fans' It started working with Rangers to design a prepaid card after making similar products for Italian sides AC Milan and Torino. In the firm's strategic report for the year ending December 31 2023, the company talks of initiating a legal action against a football club which it doesn't name. The report states: 'The company initiated legal action against a football club to recover the advance paid to acquire the right to issue branded prepaid cards, as well as to recover the loss of profit and/or cost of investments made to develop an app customized to the wishes of the club itself. 'Below are some key extracts from the letter sent by our lawyers to the other side, anticipating that proceedings will be commenced against the football club without further delay should it not be possible to resolve the claims in early course "Our Client has also had the benefit of advice from senior counsel on Clause 12 of the contract.'Our Client (REPX) has suffered significant losses as a result of your client's breaches of contract. Our Client maintains claims against Your Client under the following heads.' It states the failed scheme created losses of £1.5million on top of £500,000 in 'aborted costs' including design work. They say this is on top of further £120,000 in cash they had paid the club as part of an agreement to launch the card in August 2023 before the plan was shelved. Bosses are also claiming a further £20,000 for 'costs and wasted management time'. In a letter sent to the council of the Cyprus Stock Exchange on December 27 2024, REPX directors state that 'the company has started a costly lawsuit against the Scottish club. Rangers fans (Image: SNS Group) Rangers FC who had a customised payment card created to their specifications.' It further states: 'REPX invested several hundred thousand GBP in technology and one year of development) and then effectively blocked the issuance of the card on instrumental grounds that even the Scottish Legal Counsel (which carries significant weight in Scotland) who provided us with the prior legal advice to start the legal process dismissed as unfounded. 'In fact the Scottish Legal Counsel invited us to assert our right to a substantial refund of the amount invested on the basis of the Scottish club's claims. we We believe we should be entitled to receive a significative compensation.' On Friday, Mr Anderson said: 'The parties have reached a commercial settlement.' Lord Sandison expressed concern about the state of the settlement agreement. He said that he wasn't content to end the action at the close of Friday's hearing because of the lack of detail provided to the court. He said that unless parties could finalise the details of the agreement, they would be expected to come to court to participate in a proof - the Scottish legal term used to describe the main hearing in civil cases - next month. Lord Sandison told the two advocates: 'I'm not asking you in any way to disclose the terms of the settlement agreement. 'But let us hypothesis that it might be that one party is going to pay some money to the other party. 'What's going to happen to the agreement - I pose this question rhetorically - if that money is not paid on the day that it is supposed to be paid? 'Is there a settlement or is there not? If there is then there is no need to postpone the disposal of this action until implement because you have got a a binding agreement - which you can just come right back to court and say 'here's a binding agreement: it hasn't been performed, we want it to be performed.' He added: 'I think it's very common knowledge that i don't discharge diets - substantive diets - on the promise of a settlement one day.' He urged the two sides to finalise the agreement. He added 'I've hoped I've made it perfectly clear. I can't imagine that I haven't. Either this action settles before the start of the proof diet or it proceeds on the proof diet - loud and clear?'
Time of India
14-05-2025
- Health
- Time of India
Train your brain while you move: Doctor reveals simple brain trick that could keep Alzheimer's away
A naturopathic doctor, Dr. Heather Sandison, who specialises in neurocognitive medicine, has greatly stressed the integration of physical and cognitive exercises to bolster brain health and potentially prevent and/or reverse Alzheimer's disease. Tired of too many ads? go ad free now Her unique approach of combining brain exercises with physical activity is called the 'dual-task' activity, which simultaneously engages the body and mind, thereby enhancing neuroplasticity and . A journal published in the , by Dr. Sandison, mentions the importance and working of this technique known as "dual-tasking". The science behind dual-tasking What Dr. Sandison means by dual tasking is an activity which involves performing physical and mental activities concurrently. For instance, while you are out enjoying your morning walk, you can engage in conversation or solve puzzles, and the combination of the two is known as the cognitive effort. This synergy activates various brain regions, fostering new neural connections and strengthening existing ones. If and when you engage in such practices that are particularly beneficial, as they mimic real-life scenarios, you prepare the brain to handle the complex tasks more efficiently and effectively. Move more, think harder Walking while talking, moving while memorising steps or balancing and solving math problem are not just multitasking tricks, they stimulate the prefrontal cortex, hippocampus, cerebellum, motor cortex and basal ganglia–which are known to enhance memory, coordination, attention span and neuroplasticity, in turn this all helps to and Alzheimer's. As we age, it is of utmost importance that we keep ourselves and our minds engaged, not to let our ability to make and form new connections deteriorate with time. Tired of too many ads? go ad free now Maintaining this flexibility becomes essential to delay or even prevent cognitive deterioration. These four types of exercises that really work highlights four main types of exercises that, when mixed with brain work, can significantly improve mental performance. Aerobic exercises: Anything that gets your heart to pump, walking, swimming, cycling. All of which also increases blood flow to your brain. Cognitive exercises: Solving puzzles, playing memory games (Sudoku, chess) or even learning a new language, help stretch the brain capacity. Strength training : Lifting weights or resistance training supports metabolic health and balances hormones, both of which are tied to brain function. Balance and coordination: Practising yoga, Tai chi and performing similar activities improves focus, proprioception and brain-body sync. For instance, while you are on a treadmill, solve puzzle or play memory games, the results are found to be more profound. These small changes train the brain to handle complexity and keep it agile, which is something with often lose as we age. A disease as fatal as Alzheimer's may not have a cure yet, but the science behind this is clear, prevention is better than a cure, and it is more powerful. By simply combining moving your body and engaging your mind, you can boost brain health and potentially lower your risk of cognitive decline.
Time of India
10-05-2025
- Health
- Time of India
US Doctor says that doing THIS can prevent Alzheimer's
Alzheimer's, though not a normal part of ageing, has been growing rapidly and affects thousands of men and women over 60. A progressive condition, it is unfortunately rapidly progressive, that primarily affects memory, thinking, and behavior. While there is no cure for the condition, it can be somewhat managed with medication. The good news is that Alzheimer's is preventable, though you need to start young to prevent it. Dr. Heather Sandison , a leading expert in Alzheimer's care, shared hopeful advice on how simple lifestyle changes can help prevent or even reverse cognitive decline. One powerful strategy she highlights is dual-tasking-doing two activities at the same time, like walking and talking . Here's why this matters for your brain health . Operation Sindoor 'Common sense prevailed': Trump on India-Pak ceasefire on Truth Social 'Pakistan initiated call; both nations agreed to stop military action after direct talks', says India Ceasefire took effect at 5pm; top India, Pak military officials to talk again on May 12 What is Dual-tasking? Dual-tasking means using your brain to handle two tasks simultaneously. For example, walking while having a conversation or solving a problem. Dr. Sandison explains that this kind of mental and physical multitasking challenges the brain to stay active and connected. It helps improve brain function by encouraging different areas of the brain to work together. When you do dual tasks regularly, it strengthens brain networks and supports neuroplasticity-the brain's ability to grow and form new connections. by Taboola by Taboola Sponsored Links Sponsored Links Promoted Links Promoted Links You May Like AI guru Andrew Ng recommends: Read These 5 Books And Turn Your Life Around in 2025 Blinkist: Andrew Ng's Reading List Undo This is important because Alzheimer's and other dementias involve the loss of these connections. By keeping your brain busy with dual tasks, you help slow down or prevent this decay. Walking and talking One of the easiest ways to practice dual-tasking is by walking and talking at the same time. Dr. Sandison points out that walking increases blood flow to the brain, bringing oxygen and nutrients that keep brain cells healthy. At the same time, talking or thinking activates different brain regions involved in language and memory. What does research say? Research shows that combining physical movement with mental activity, like walking and chatting, leads to better cognitive health than doing either alone. It also helps reduce stress and improves mood, both of which protect the brain from damage. Effect on brain Studies mentioned by Dr. Sandison and other researchers find that the ability to walk and talk at the same time declines as people age, often starting around age 55. This decline can be an early sign of brain aging or even early Alzheimer's. By practicing dual-task exercises, you can keep this ability strong and possibly delay the onset of cognitive problems. More Than Just Exercise Dr. Sandison also highlights that dual-task activities like walking with a friend or family member combine physical exercise with social interaction. Socializing itself is a brain workout because it requires interpreting emotions, facial expressions, and language. This extra mental effort helps build brain connections and keeps memory sharp. Plus, spending time with loved ones reduces loneliness and stress, which are known to harm brain health. So, walking and talking together gives you a double dose of brain protection-physical and social. How to start Dual tasking can be combined by the following Taking a walk while calling a friend or chatting with a family member Doing light exercises while listening to an audiobook or podcast Playing games that combine movement and thinking, like dance or yoga classes The key is to keep your brain and body active together regularly. Get the latest lifestyle updates on Times of India, along with Mother's Day wishes , messages , and quotes !
Scottish Sun
02-05-2025
- Business
- Scottish Sun
Rangers learn date they will be in court over ‘costly' case as card firm sues Ibrox club
A SENIOR judge has fixed dates for a hearing in a 'costly' case in which he'll consider claims that Rangers 'blocked' a fans pre-payment card developed by a financial business. Lord Sandison decided on Friday morning that he'll hear arguments from lawyers for the Glasgow club and Reputation Exchange PLC in July this year. 4 The Court of Session in Edinburg 4 A general view of Ibrox Credit: Getty 4 A general exterior view of Ibrox Stadium Credit: Getty Lawyers for the Reputation Exchange PLC have gone to the Court of Session in Edinburgh in a bid to recover undisclosed but 'significative compensation' from the Glasgow club. The company, known as REPX claims the 'Gers owe it money over an aborted agreement between the two sides. REPX says Rangers wanted it to develop a 'customised payment card' which would have allowed fans to buy products associated with it. However, the business claims that Rangers stopped the card from coming into operation. It says it was provided with legal advice from 'Scottish legal counsel' saying the club breached an agreement. The firm also claims that the alleged breach means it is entitled to compensation - it says that it invested a large amount of its own money into developing the card and it should be compensated for the sum it spent. According to its website the firm describes itself as being a 'fintech company' that is 'disrupting' traditional banking. It states: 'REPX is creating for celebrities, influencers, sport teams, brands, iconic cities, the opportunity to monetize their fans base with unique co-branded prepaid cards, debit cards, and patented digital products catered to their loyal legions of followers and fans' It says it started working with Rangers to design a prepaid card after making similar products for Italian sides AC Milan and Torino. In the firm's strategic report for the year ending December 31 2023, the company talks of initiating a legal action against a football club which it doesn't name. Moment dehydrated and seasick Rangers hero Graeme Souness, 71, says 'I feel terrible' during latest charity channel swim The report states: 'The company initiated legal action against a football club to recover the advance paid to acquire the right to issue branded prepaid cards, as well as to recover the loss of profit and/or cost of investments made to develop an app customized to the wishes of the club itself. 'Below are some key extracts from the letter sent by our lawyers to the other side, anticipating that proceedings will be commenced against the football club without further delay should it not be possible to resolve the claims in early course "Our Client has also had the benefit of advice from senior counsel on Clause 12 of the contract.'Our Client (REPX) has suffered significant losses as a result of your client's breaches of contract. Our Client maintains claims against Your Client under the following heads.' It claims the failed scheme created losses of £1.5million on top of £500,000 in 'aborted costs' including design work. They say this is on top of a further £120,000 in cash they had paid the club as part of an agreement to launch the card in August 2023 before the plan was shelved. Bosses are also claiming a further £20,000 for 'costs and wasted management time'. 4 How Rangers and Celtic stack up now for trophies won In a letter sent to the council of the Cyprus Stock Exchange on December 27 2024, REPX directors state that 'the company has started a costly lawsuit against the Scottish club Rangers FC who had a customised payment card created to their specifications.' It further claims: 'REPX invested several hundred thousand GBP in technology and one year of development) and then effectively blocked the issuance of the card on instrumental grounds that even the Scottish Legal Counsel (which carries significant weight in Scotland) who provided us with the prior legal advice to start the legal process dismissed as unfounded. 'In fact the Scottish Legal Counsel invited us to assert our right to a substantial refund of the amount invested on the basis of the Scottish club's claims. "We believe we should be entitled to receive a significative compensation.' On Friday, during a short virtual hearing, lawyers for both sides told Lord Sandison that they'll lead evidence from witnesses about the matter. Lord Sandison decided the case will be heard in the Court of Session between July 8 and July 11 2025. A procedural hearing in the matter is expected to take place in June 2025. Keep up to date with ALL the latest news and transfers at the Scottish Sun football page
