The future of the Carp Society and its blue-ribbon fishery Horseshoe Lake appears to be in safe hands once again after a new board gained full control of the Society following a legal case. Concerns were raised in 2014 and 2015 about an alleged attempt by the former board of directors to liquidate the Society and share the proceeds from the sale of the £1 .2 million-estimated Horseshoe Lake, prompting a new board, fronted by Carp Society founder Tim Paisley and founder member Derek
Stritton, to form.
Ihe disposed directors then took legal action when the new board seized control of the Society at an Extraordinary General Meeting in Lechlade, Gloucester, in May last year. With the case heading for a High Court hearing at the end of March, the four deposed directors who brought the proceedings , Malcolm Coller, David Mannall, Derek Buxton and Shane Thompson, agreed to pay asignificant part of the legal costs to bring the case to an end. They, together with Annee Mannall and Janet Cebunka, have walked away and will have no part in the future of the Society, either as directors or members.
A statement from the current board, issued by reinstalled chairman Derek Stritton, read: “Following a 10-month legal case,
the directors of the Society are delighted to announce they have fully gained control of the Society and can be recognised as the Carp Society board. “Although we have always been advised by our legal team of the strength of our case, the ever- escalating costs involved in proceeding to a final hearing would have made it unlikely that those costs could be retrieved from the other side, even if fully awarded to us. We can now begin to move the Carp Society forward in the manner that was always intended.”
Despite the disposed directors’ contribution towards the Society’s legal costs, there is still a significant shortfall to make up, so fundraising will continue for some time to come. The statement concluded: “Special thanks to my fellow directors, Greg Fletcher, Steven Hall, Miles Carter, Marsh pratley, Paul Boichat and Brian Sefton, and to Sabrina Widdows in the Society
offce, and Tim Paisley, John Seal and Bill Ward. “Massive thanks for the positive comments and support, everyone. It’s been a bumpy and sometimes uncomfortable ride, but we got there in the end! Along the way there has been the odd comment of
why bother?’ The Society and its assets were built to support the world Of carp fishing and angling in the future, not for the benefit of a few individuals. This was a battle that had to be fought, for justice and for the future of carp fishing. ‘Yes we can!’ finally became ‘yes we did!'”
Further details about the Carp Society, including information on how to sign up for a £25 annual membership, are available via the www.thecarpsociety.com website.