The Crown v Gerard Baden-Clay, 1st July - Trial Day 13, Week 3

Status
Not open for further replies.
  • #1,081
Kate Kyriacou @KateKyriacou · 15s
Fuller says Gerard was unable to meet the contract for the rent roll. Gerard says there were extensions and then the variation. #badenclay
 
  • #1,082
David Murray @TheMurrayD · 26s
Fuller says Gerard had already borrowed from friends, turned to Dr Bruce Flegg, asked for $400k #badenclay



Caroline Overington @overingtonc · now
He therefore turned to his local member Dr Bruce Flegg 'for three or four hundred thousand dollars' but he didn't get it #badenclay
 
  • #1,083
Thank you for admitting your borrowing resources were dwindling.

More like 'exhausted'


Gerard and the Money Tree


except he'd burned all the branches and was down to the stump
 
  • #1,084
Caroline Overington @overingtonc · 39s
He had already borrowed from friends and banks were not forthcoming #badenclay


Can't possibly think why his business would not be something a BANK wanted to back??? Can you WS'ers? :banghead:
 
  • #1,085
"The subtlety hadn't escaped me" Go get him!!!!

Sorry for being stupid - but I do not get why that warranted the "go get him" comment???

Am I missing something?
 
  • #1,086
Kate Kyriacou @KateKyriacou · 31s
Fuller asks why they didn't just set the date for September. #badenclay

Kate Kyriacou @KateKyriacou · 46s
Fuller says Gerard had to pay a 10 per cent deposit and the rest by June, with a discretionary extension to September. #badenclay
 
  • #1,087
David Murray @TheMurrayD · 8s
Fuller saying payment for rent roll was due in June 2012. Gerard says he had an option for an extension #badenclay



Me: What about the payment for Allison's insurance?
 
  • #1,088
Kate Kyriacou @KateKyriacou · 17s
Fuller says Gerard had to pay interest to the partners. "Every month that passed was going to cost you more money". #badenclay
 
  • #1,089
Caroline Overington @overingtonc · 18s
Gerard still felt confident that he'd be able to turn things around #badenclay
 
  • #1,090
Kate Kyriacou @KateKyriacou · 18s
Gerard says if he missed a payment, the business would revert back to its original shareholder. #badenclay
 
  • #1,091
What a Scout he is!
 
  • #1,092
Kate Kyriacou @KateKyriacou · 4s
Fuller says that would have left Gerard's friends without the money they'd loaned him. #badenclay

Kate Kyriacou @KateKyriacou · 30s
Gerard says he could have departed the business relatively unscathed. #badenclay
 
  • #1,093
Caroline Overington @overingtonc · 7s
Creditors had agreed to extensions, Gerard says #badenclay



David Murray @TheMurrayD · 8s
Gerard says if he missed a payment the business reverted back to the original shareholding #badenclay
 
  • #1,094
3:20pm: Mr Fuller has asked Mr Baden-Clay about the list of questions in Mrs Baden-Clay's journal.

In the journal entry Mrs Baden-Clay wrote: "Laughed at undies. Told me I smelled."

Mr Fuller asked Mr Baden-Clay to explain the comments.

"We had recommenced our sexual relationship in February [2012] after the best part of nine years without any and it was very awkward initially. There were a couple of occasions, the beginning, where Allison was very self-conscious and very self-aware of what we were doing and I think she thinks that I laughed at the underwear that she was wearing and that's not true," Mr Baden-Clay said.

"What about the next one?" Mr Fuller said.

"I didn't tell her she smelled. Neither of us had had a shower on one occasion and I said maybe we should have a shower because we smelled," Mr Baden-Clay said.

Mr Fuller suggested Mrs Baden-Clay asked Mr Baden-Clay those questions on Thursday April 19, 2012.

"That's completely untrue," Mr Baden-Clay said

Read more: http://www.brisbanetimes.com.au/que...y-13-week-4-20140701-3b55i.html#ixzz36C8qKioa
 
  • #1,095
Caroline Overington @overingtonc · 44s
Besides which, he could at any point have walked away from the business #badenclay



David Murray @TheMurrayD · 22s
Fuller: that would have left your friends without their $270k and interest #badenclay

David Murray @TheMurrayD · 49s
If he needed to he could have got out relatively unscathed - Gerard #badenclay
 
  • #1,096
3:31pm: Mr Fuller referred to an email Ms McHugh sent Mr Baden-Clay telling him she was tired of "pacifying" his marriage and being "second best".

"Wasn't she capable of saying all that to your wife?" Mr Fuller asked.

The court has previously heard Ms McHugh and Mrs Baden-Clay were due to come face-to-face for the first time since the affair had been made public at a real estate conference on April 20, 2012.

"No ... I had known her [Ms McHugh] for a period of over four years and I knew she had these explosive moments and then cooled down afterwards," Mr Baden-Clay said.

"I had no concern. Allison had probably anticipated that Toni would be at that conference anyway."

Read more: http://www.brisbanetimes.com.au/que...y-13-week-4-20140701-3b55i.html#ixzz36C8z3ksX
 
  • #1,097
  • #1,098
Can't possibly think why his business would not be something a BANK wanted to back??? Can you WS'ers? :banghead:

Yes, it seems the only BANK he was relying on as a future windfall was at Kholo Creek unfortunately.
 
  • #1,099
3:37pm: Mr Fuller: "No fear at all of those two ladies coming together?"

Mr Baden-Clay: "No fear of there being an altercation."

Mr Fuller: "There didn't need to be an altercation."

Mr Fuller said Ms McHugh may have handed Mrs Baden-Clay the email in which Mr Baden-Clay had promised to be with her by July 1.

Mr Baden-Clay replied: "I had no fear of that happening."

Mr Fuller: "That would have had a catastrophic effect on you."

Mr Baden-Clay: "It never entered my mind that that would occur."

Mr Fuller: "Allison may have forgiven you once, but would she forgive you again?"

Mr Baden-Clay: "It was not my concern that there would be an issue."

Mr Fuller: "It would have caused you considerable professional and personal embarrassment."

Mr Baden-Clay: "Of course."

Mr Fuller: "But it didn't cross your mind as being a risk?"

Mr Baden-Clay: "No."

Read more: http://www.brisbanetimes.com.au/que...y-13-week-4-20140701-3b55i.html#ixzz36C96DsJO
 
  • #1,100
Caroline Overington @overingtonc · 24s
Although that would have meant his friends would have lost their money #badenclay



David Murray @TheMurrayD · 28s
Gerard: friends went in with eyes wide open, understood there was a risk they'd lose everything #badenclay
 
Status
Not open for further replies.

Staff online

Members online

Online statistics

Members online
95
Guests online
3,460
Total visitors
3,555

Forum statistics

Threads
632,662
Messages
18,629,862
Members
243,238
Latest member
MooksyDoodles
Back
Top