Court lifeline for City

By PA Sport  March 19, 2008
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"summary judgment" - meaning the Championship club should pay up now....
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FA Cup semi-finalists Cardiff were rescued from the brink of financial disaster on Wednesday when a High Court judge rejected a bank´s pre-emptive bid to secure immediate repayment of up to £24million.Swiss investment bank Langston is suing the club over loan notes which it holds and had sought "summary judgment" - meaning the Championship club should pay up now.But Mr Justice Briggs, sitting in London, dismissed the claim for summary judgment.

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