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- This topic has 5 replies, 4 voices, and was last updated 1 year, 1 month ago by David Arditti.
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19 October 2023 at 10:37 am #619676Tony HershParticipant
I was interested in the latest BAA journal to read that the BAA is involved in two ongoing legal cases one of which “there has been substantial costs involved“. Can we know how much has been spent on this litigation so far and what future costs might be ? I couldn’t see any reference to money spent on this in the BAA financial statement in the same edition of the Journal. Shouldn’t members be consulted before exceptionally large sums of the assets of the BAA are spent ?
Tony Hersh20 October 2023 at 12:51 am #619690David ArdittiParticipantThe financial statement published in the Journal is an abbreviated version of the full financial statement which should be published on the website. I have just looked for it and found it has not yet been published. My apologies for this oversight, and thanks for bringing this to my attention. I will see that it is fixed shortly.
The full financial statement has this paragraph on page 21, which answers your question:
‘The British Astronomical Association has been notified of a will in which they are beneficiary. However this is currently being contested. The charity will be liable for the advice in arriving at a decision. The cost of the legal fees to settle this case may be deducted from the estate or may be awarded against the Association. To date, approximately £30,000 of costs have been incurred by the Association and further costs of up to £70,000 could be expected.’
As you will be aware, the Trustees are elected by the members to manage the assets of the Association. They keep this case, and expenditure on it, constantly under review. They believe it is highly likely that the BAA will win this case and these costs will be recovered, plus more. However, it is our duty to tell the members that there is a chance that the case could be lost and the costs could be awarded against the Association.
You would be, of course, quite at liberty to ask questions on this at the AGM. The case of the Roy Panther estate is in the public domain, and has been widely reported.
David Arditti, President
- This reply was modified 1 year, 1 month ago by David Arditti.
22 October 2023 at 5:51 pm #619724James LancashireParticipantThere is also a previous forum post (also containing earlier reference) to the background in a TV programme
https://britastro.org/forums/topic/roy-panther-heir-hunters-catch-up-tv22 October 2023 at 6:51 pm #619729David ArdittiParticipantThe full financial statement is now available to members here:
https://britastro.org/wp-content/uploads/2023/10/BAA-2023-Financial-Statements.pdf
Sorry for the delay.- This reply was modified 1 year, 1 month ago by David Arditti.
23 October 2023 at 9:45 am #619733Duncan Hale-SuttonParticipantHi David. I didn’t need to be logged in to read this pdf via this link, so I guess it is visible to non members too. Don’t know if this is an issue. Duncan.
23 October 2023 at 3:57 pm #619734David ArdittiParticipantNo I don’t see any reason why it should not be visible to the public.
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