Rangers' bosses are waiting for three Court of Appeal judges to rule on the latest round of a long-running legal battle with businessman Mike Ashley.
Mr Ashley and the Glasgow football giant have been embroiled in litigation centred on a kit deal.
SDI Retail Services, a company in Mr Ashley's Sports Direct Group - which in 2019 changed its name to Frasers Group, had complained about Rangers being in breach of obligations under deals relating to replica kit.
Lawyers representing SDI have now challenged a ruling made in January by Judge Lionel Persey at a High Court hearing.
Lord Justice Underhill, Lord Justice Baker and Lord Justice Phillips oversaw a virtual Court of Appeal hearing on Wednesday.
Judge Persey had concluded that Rangers had breached an agreement with SDI by doing a deal with LBJ Sports Apparel and Hummel, appeal judges heard.
But he also decided that Rangers could still take legal action in an attempt to get money they say they are owed under the deal with LBJ Sports Apparel and Hummel.
SDI has mounted an appeal against that ruling.
Rangers' bosses say SDI's appeal should be dismissed.
Appeal judges are expected to announce their decision in the near future.
